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News  ›  The Motley Fool

Got $1,000? 3 Stocks to Buy While They're on Sale.

The Motley Fool Logo The Motley Fool By James Brumley
Got $1,000? 3 Stocks to Buy While They're on Sale.

The article recommends three stocks trading below their recent highs as buying opportunities: MercadoLibre, a Latin American e-commerce leader facing temporary margin pressure from a free-shipping promotion; Chewy, a pet supply retailer with 84% recurring subscription revenue and growing customer base; and DraftKings, a sports-betting platform experiencing weakness from increased competition but positioned in a growing market.

Insights
JPMpD   neutral

Participating in investment round as an institutional investor without additional context


MELI   positive

Stock is down from July peak due to temporary margin pressure from customer acquisition strategy similar to Amazon's proven model. Economic changes in Venezuela present new growth opportunities, and the company's fundamentals remain strong with 40% YoY revenue growth.