Although the S&P 500 is near its all-time high, some stocks are trading at remarkably cheap valuations. In this video, longtime Fool.com contributor Matt Frankel explains why he thinks PayPal (NASDAQ:PYPL) is an obvious stock to buy right now, while colleague Tyler Crowe explains why he thinks MPLX (NYSE:MPLX) is too attractive to ignore.
*The stock prices used are the morning prices of May 30, 2024. The video was published on May 31, 2024.
Should you invest $1,000 in PayPal right now?
Before buying stock on PayPal, consider this:
THE Motley Fool Stock Advisor The analyst team has just identified what they think is the 10 best stocks for investors to buy now…and PayPal wasn’t one of them. The 10 stocks selected could produce monster returns in the years to come.
Consider when Nvidia made this list on April 15, 2005…if you had invested $1,000 at the time of our recommendation, you would have $671,728!*
Equity Advisor provides investors with an easy-to-follow plan for success, including portfolio building advice, regular analyst updates, and two new stock picks each month. THE Equity Advisor the service has more than quadrupled the return of the S&P 500 since 2002*.
*Stock Advisor returns May 28, 2024
Matt Frankel has positions at PayPal. Tyler Crowe holds positions within MPLX. The Motley Fool posts and recommends PayPal. The Motley Fool recommends the following options: Short June 2024 calls at $67.50 on PayPal. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting his services. If you choose to subscribe via their link, they will earn extra money to support their channel. Their opinions remain their own and are not affected by The Motley Fool.
2 obvious stocks to buy in June was originally published by The Motley Fool
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