3 Stocks Down 75% or More That I'd Buy Right Now

By Matt Frankel – Oct 15, 2022 at 7:12AM

NYSE: PINS

Market Cap

$23B

Today's Change

(4.04%) $1.32

Current Price

$33.96

Price as of April 26, 2024, 4:00 p.m. ET

Not all beaten-down stocks look like bargains, but these three could still be long-term winners.

Some of the most popular stocks in the market have taken a nosedive in 2022, but some could still be home runs for patient long-term investors. In this video, Matt Frankel, CFP®, discusses three stocks -- all down by 75% or more from recent highs -- that he owns and would buy more of right now.

*Stock prices in the video are as of 10/14/2022 at midday. This video was published on 10/14/2022.

Matthew Frankel, CFP® has positions in Lemonade, Inc., Pinterest, and Shopify. The Motley Fool has positions in and recommends Lemonade, Inc., Pinterest, and Shopify. The Motley Fool recommends the following options: long January 2023 $1,140 calls on Shopify and short January 2023 $1,160 calls on Shopify. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.