Geopolitical tensions in Iran are raising concerns about oil prices and global inflation, prompting a correction in the Nasdaq-100 index, which has fallen over 10% from its recent highs. Amidst this volatility, investors are finding opportunities in undervalued stocks that may remain resilient despite rising oil prices. Notably, Oscar Health (OSCR) is highlighted as a strong buy, given its stable market share in healthcare and projected profitability in 2026, trading at a market cap of $3.3 billion.
In the payments sector, Adyen (ADYEY) is another attractive option, with shares down over 50% from last year’s highs. The company has demonstrated robust revenue growth and impressive EBITDA margins, now trading at a historically low P/E ratio of 26. Similarly, Remitly Global (RELY) is capitalizing on the shift to digital money transfers, reporting a 26% year-over-year revenue increase and a market cap of $3.1 billion.
For market professionals, these stocks represent potential long-term investments during a time of correction, particularly in sectors that are less sensitive to macroeconomic fluctuations.
Source: fool.com