3 Top Bargain Stocks Ready for a Bull Run in 2026
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By Rick Munarriz – Apr 28, 2026 at 7:48AM ESTKey PointsDuolingo, MercadoLibre, and Carnival are trading well below their recent highs.Duolingo and Carnival are trading at forward earnings multiples in the pre-teens. MercadoLibre is a bit pricier, but it's a relative bargain to its premium-priced past.Allow me to cut to the chase: Duolingo (DUOL 0.03%), MercadoLibre (MELI +0.32%), and Carnival Corp. (CCL 1.56%) are cheaper than you think. As the market claws its ways to new highs this week, these stocks are still being left behind. Duolingo, MecadoLibre, and Carnival are trading 81%, 31%, and 21% below their 52-week highs. Let's take a closer look at these three bargain stocks that are ready to run with the bulls for the rest of this year and beyond. Image source: Getty Images. 1. Duolingo Remember when everybody was on the Duolingo learning app and the stock was rolling? The former is still true. The platform had a record 52.3 million monthly active users at the start of this year, a 30% improvement from where it was a year ago. Revenue rose 35% in the fourth quarter and 39% for all of 2025. Despite its actual ascent, the stock has gone the other way. Duolingo has been caught in wave of selling in SaaS stocks, even though it's not a premium-priced enterprise software offering. Just 12.3 million of its users are currently paying a few bucks a month for access to an enhanced version of Duolingo, while the other 77% enjoy it for free. That doesn't seem fair. ExpandNASDAQ: DUOLDuolingoToday's Change(-0.03%) $-0.03Current Price$103.42Key Data PointsMarket Cap$4.8BDay's Range$102.00 - $106.1752wk Range$87.89 - $544.93Volume99Avg Vol2.6MGross Margin71.68% The shares have shed more than four-fifths of their value since last year's springtime peak. Duolingo stock is now trading for just 12 times trailing earnings. This may seem like a screaming bargain, but let's wrap this up with a spoonful of caution. Bookings growth is slowing. Duolingo sees revenue decelerating to 25% for the quarter that ended in March, rising 15% to 18% for all of 2026. Top-line growth is being cut in half this year, and the bottom line is worse. Duolingo is investing in growth and engagement, and margins will get squeezed in the process. Analysts see earnings per share rising just shy of 15%, and it could get worse if Duolingo needs to spend more. ExpandNASDAQ: MELIMercadoLibreToday's Change(0.32%) $5.89Current Price$1841.12Key Data PointsMarket Cap$93BDay's Range$1833.00 - $1873.0152wk Range$1593.21 - $2645.22Volume11Avg Vol535KGross Margin44.50% 2. MercadoLibre MercadoLibre stock isn't as cheap as Duolingo, but it is cheaper than it's been in a long time.
The Latin American fintech is trading at 27 times next year's earnings. The class act of the region, MercadoLibre has seen its empire expand from its e-commerce roots to excel in digital payments, logistics, and a growing slate of financial offerings. MercadoLibre is also facing some margin-gnawing challenges. Brazil is getting competitive in e-commerce, and for now that means MercadoLibre is taking a hit by lowering order minimums for free deliveries. MercadoLibre is still growing, but it has missed Wall Street profit targets for three consecutive quarters. ExpandNYSE: CCLCarnival Corp.Today's Change(-1.56%) $-0.42Current Price$26.75Key Data PointsMarket Cap$37BDay's Range$26.46 - $27.0552wk Range$17.33 - $34.03Volume13KAvg Vol26MGross Margin29.71%Dividend Yield0.56% 3. Carnival Things are cruising along for Carnival. It has now fully overcome the pandemic shutdown. It even recently reinstated its quarterly dividend. Like Duolingo, Carnival stock is trading for 12 times trailing earnings. This year's net income will be in line with last year,'s but the world's largest cruise line is going for just 10 times next year's target. With its bottom-line results trouncing expectations for 11 consecutive quarters, the future is bright beyond the near-term hiccups of rising fuel costs and sea travel concerns.Read NextApr 26, 2026 •By Anders BylundThis Once-Loved Growth Stock Is Down Hard From Its Highs -- Is Duolingo the Best Bargain of 2026?Apr 16, 2026 •By Lyle DalyBest Education Stocks for 2026 and How to InvestApr 12, 2026 •By Anthony Di PizioHere's Why I Bought This Glorious Growth Stock After Its 83% PlungeMar 31, 2026 •By Lawrence NgaDown 80%, Is Duolingo Stock a Buy Now?Apr 28, 2026 •By Geoffrey Seiler1 Glorious Growth Stock Down 30% to Buy on the Dip in 2026Apr 28, 2026 •By Manali Pradhan, CFA5 Top Stocks to Double Up on Right NowAbout the AuthorRick Munarriz is a contributing Motley Fool stock analyst and long-time contributor to the company’s free offerings and premium investing services, including Rule Breakers and Supernova. He has analyzed stocks across media and entertainment, retail and restaurants, and emerging technologies for The Motley Fool for 30 years. Rick holds an MBA from the University of Miami, once traveled the country with his band Paris By Air, and on weekends he can be seen on stage at Just The Funny theater in Miami as an improv comedy performer and co-owner. He is a regular guest on CNBC, Fox Business, BBC, and NPR for his expert stock analysis. He lives with his family in Miami and Celebration, Florida.TMFBreakerRickX@marketStocks MentionedDuolingoNASDAQ: DUOL$103.42(-0.03%)-$0.03Carnival Corp.NYSE: CCL$26.75(-1.56%)-$0.43MercadoLibreNASDAQ: MELI$1,841.12(+0.32%)+$5.90*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.