2 High-Risk, High-Reward Stocks I'd Buy Right Now

Long-time Fool.com contributors Matt Frankel and Tyler Crowe typically discuss tried-and-true businesses that are on the lower end of the risk spectrum, but not today. In this video, Frankel talks about why he’s buying shares of social media platform Nextdoor (NYSE: KIND), while Tyler has his eye on Canadian Solar (NASDAQ: CSIQ).

*Stock prices used were the morning prices of Oct. 3, 2024. The video was published on Oct. 7, 2024.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $20,579!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $42,710!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $389,239!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of October 7, 2024

Matt Frankel has positions in Nextdoor. Tyler Crowe has positions in Canadian Solar. The Motley Fool has positions in and recommends Nextdoor. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

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