For those looking for stocks to buy, this is an exciting time. With the sell-off witnessed in the markets due to the significant rise in oil prices, many stocks are now “on sale.”

Here I’ll highlight two world-class stocks that are currently trading 20% ​​below their highs. In my opinion, these stocks deserve attention today for an investment portfolio.

This legendary growth stock looks cheap

First, we have excellent growth stocks, Amazon (Nasdaq: AMZN). It is currently trading at around $200, down from around $250 earlier in the year.

At this price, I see a real opportunity here. Because looking at analysts’ earnings forecasts, the price-to-earnings (P/E) ratio is only 21 using next year’s forecasts.

This seems low to me given the long-term growth potential. This is a world leader in e-commerce, cloud computing, artificial intelligence, robotics, self-driving cars, and space satellites, so it has a long way to grow.

Note that the average analyst price target is $280. So, it seems that analysts share my bullish view.

Personally, I don’t think the company gets enough credit for its potential in AI. Not only has Amazon developed its own AI chips, but it also provides access to a wide range of AI solutions and is developing its own AI software to automate jobs (according to a recent report from Bloomberg).

Now, there are some risks you should be aware of. Perhaps the biggest is the slowdown in consumer spending caused by AI job losses.

This scenario may not affect Amazon as much as it does some other retailers, as it sells a lot of cheap goods and has millions of captive customers. prime minister Memberships. But this is something we must take into consideration.

Analysts see potential for 50% gains

The other stock I want to highlight is the power of international payments wise (Ls: the wise). It is currently trading at around 915p, down from 1,150p in September last year.

Again, I see a lot of value here. If we take the earnings forecast for the fiscal year starting today (April 1), the forward-looking P/E ratio is just 24.

Given the rate at which this company is growing its revenues and profits, this seems very reasonable to me. For the quarter ending 31 December 2025, core income rose 21% year-on-year to £424.2 million, driven by a 26% increase in cross-border payment volume.

It’s worth noting that Wise’s earnings don’t always rise in a straight line. This company likes to constantly improve its services to customers, and this may temporarily affect its profitability.

This can scare off short-term investors and cause the stock price to weaken (which is one reason the stock price is so low right now). Many investors get frustrated when they don’t see linear earnings growth.

However, I think this stock has all the right ingredients to be a great long-term investment. It is worth noting that analysts in JP Morgan He recently raised his price target to 1,385p – around 50% above the share price today.