2 Growth Stocks Down Over 35% to Buy Right Now

Generado por agente de IAWesley Park
domingo, 26 de enero de 2025, 4:25 am ET1 min de lectura
META--
UBER--


As the market continues to fluctuate, some growth stocks have taken a significant hit, presenting attractive buying opportunities for long-term investors. Two such stocks that have declined over 35% are Uber (UBER) and Meta Platforms (META). Despite their recent struggles, both companies possess strong competitive advantages and growth prospects that make them compelling investments.



Uber (UBER) has been a dominant player in the ride-sharing and food delivery markets, with a strong network effect driven by its large customer base and driver pool. The company's Uber One subscription service, with over 10 million members, further strengthens its network effect and offers discounted rides, food, and beverages. Uber expects gross bookings to climb to at least $165 billion by 2024, which could lead to an increase in enterprise value. Although Uber has faced regulatory challenges and market sell-offs, its long-term growth prospects remain intact.

Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, and Messenger, has a massive user base of nearly 3 billion people. Despite facing competition and regulatory hurdles, Meta's strong network effect and dominant market position make it a compelling investment. As digital advertising continues to take a growing share of marketers' budgets, Meta is well-positioned to benefit. Although Meta's earnings have been impacted by changes in Apple's iOS data-sharing policies and uncertain economic conditions, the long-term outlook favors the company as it moves past these hurdles.



In conclusion, Uber and Meta Platforms have both experienced significant declines in recent months, presenting attractive buying opportunities for long-term investors. Despite facing regulatory challenges, market sell-offs, and economic uncertainties, both companies possess strong competitive advantages and growth prospects that make them compelling investments. As the market recovers and these companies overcome their temporary setbacks, they are well-positioned to bounce back and deliver strong returns for investors.

Disclaimer: The author does not hold any positions in Uber (UBER) or Meta Platforms (META) at the time of writing.

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