My 2 Favorite Stocks to Buy Right Now

The stock market is nearing all-time highs again, with the S&P 500 index just barely below where it traded earlier this year and its average price-to-earnings ratio (P/E) soaring back close to 30. This is, without debate, an expensive index earnings ratio compared to history. It is tough to find bargain stocks to invest in, as investors are drawn to fast-growing artificial intelligence (AI), cloud, and technology stocks that trade at premium prices. I have two stocks that break the mold today. Both Nintendo (OTC: NTDOY) and Portillo's (NASDAQ: PTLO) have fantastic long-term upside from today's prices. Here's why they are my two favorite stocks to buy right now.Portillo's has been a mainstay in Chicago for decades, selling Chicago-style street food such as hot dogs and Italian beef sandwiches. After going public in 2021, the company has now embarked on a national expansion plan to bring its restaurants to other regions of the United States. Right now, this includes Arizona, Texas, and Florida. Management is sticking to a Sun Belt strategy to maximize openings in areas with ongoing population growth.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool