4 Tech Stocks Poised for Opportunity After Nasdaq Bear Market, Led by PayPal, Alibaba at Record Low Valuations
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PayPal is a fintech leader with tools to succeed despite competition, such as increased user engagement and a new CEO to bolster margins. The stock is cheaper than ever.
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Lovesac sells unique, modular couches targeting high earners and uses an omnichannel sales platform to reduce costs. Shares are historically inexpensive.
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Alibaba is poised to benefit from China's reopening and boasts leadership in e-commerce and fast-growing cloud services. The valuation is at a record low.
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Starbucks can leverage post-pandemic reopening tailwinds and tremendous brand loyalty, including 32.6 million Rewards Members. The forward P/E ratio is at a 10-year low.
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All 4 stocks represent potential opportunities, with the Nasdaq still below its record highs after the 2022 bear market dip.