This year has been tough for investors, but there may be a silver lining. The S & P 500 is down more than 14% in 2022. That would be the biggest one-year loss for the index since 2008, when it dropped 38.5% during the throes of the financial crisis. However, this sell-off may have opened buying opportunities among some of Wall Street analysts' favorite names.
The stocks is trading at a more than 50% discount to its average five-year forward valuation and has buy ratings from more than three-quarters of analysts covering it. Year to date, the stock is down roughly 40%. The cloud giant also took a hit last week, losing 6% after announcing that co-CEO Bret Taylor was leaving his post .
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: