Investors can double up on stocks that are down but still high quality. Meta Platforms (NASDAQ: META) and MercadoLibre (NASDAQ: MELI) are good options. Meta Platforms focuses on social media and AI, with 26% revenue growth in Q3. MercadoLibre, known as the Amazon of Latin America, faces competition but has strong growth potential.

Meta Platforms, despite its strong business model, is facing concerns over heavy capital expenditures for AI. The stock trades at 21 times 2026 earnings. However, this spending is temporary, making Meta a good buy-low opportunity. On the other hand, MercadoLibre, with its strong presence in Latin America, is seeing accelerated growth, making it an attractive investment.

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