From Nasdaq: 2024-09-16 06:11:00

The stock market’s focus on tech stocks may be overshadowing hidden gems. Two stocks down 78% and 88% from their highs have potential for long-term gains. PayPal’s new management and recent growth show promise, while Nextdoor’s user and revenue growth are accelerating. Both stocks offer rewards with some risk.

PayPal and Nextdoor show potential with new leadership and growth strategies. PayPal’s total payment volume grew 11% YoY, while Nextdoor CEO’s focus on efficiency led to revenue growth and projected improvements. Both stocks present interesting opportunities at current valuations.

Investors should consider the potential in PayPal and Nextdoor, which offer growth potential despite some volatility. The Motley Fool recommends 10 other stocks over PayPal. Matt Frankel, with positions in both stocks, sees potential in these overlooked companies. Positive signs in growth and efficiency make them worth watching.



Read more at Nasdaq: 2 Stocks Down 78% and 88% That Wall Street Is Overlooking — but I’m Not