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MARKETS LIVE BLOG:

S&P 500 SLIPS BELOW 5,000; NASDAQ SINKS ON NETFLIX DRAG

Fed's Goolsbee says 'It makes sense to wait' before cutting rates

Got $500? 2 Absurdly Cheap Stocks to Buy on the Dip Now

Nicholas Robbins, The Motley Fool
·4 min read
Got $500? 2 Absurdly Cheap Stocks to Buy on the Dip Now

A rising tide may lift all ships, but famous investor Warren Buffett once said, "Only when the tide goes out do you discover who's been swimming naked." The global pandemic event definitely saw the tide go out, and fortunes for both the world's largest cruise company, Carnival Corporation (NYSE: CCL), and fast-growing pet-supply company Chewy, Inc. (NYSE: CHWY) changed dramatically. Now, with a global return to normalcy underway, these two seem ready to tackle the challenges ahead and come out as winners in the consumer spending space.

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