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2 Cheap Stocks to Buy Now and Hold Forever

·3-min read
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To find true long-term investing bargains, it isn’t enough to simply focus on stocks that have experienced price drops -- you need to focus on companies with strong growth momentum, leading market positions, and favorable tailwinds. Two stocks in particular that look extremely attractive right now are MercadoLibre (NASDAQ: MELI) and Walker & Dunlop (NYSE: WD), which are down by 67% and 42% from their 52-week highs, respectively. MercadoLibre is a leading e-commerce company in several markets in Central and South America and is often referred to as the “Amazon (NASDAQ: AMZN) of Latin America.”

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