Recently, growth stocks have begun to lose value. But the question is who will be brave enough to seize the opportunities hidden behind the uncertainty?

Today, shares of some outstanding companies are trading at extremely low prices. And when this happens, investors should think about investing.

Long-term quality

When it comes to investing, I believe that the quality of the underlying business is most vital in the long run. But even the best companies have their ups and downs.

This can happen, among other things, when a company invests heavily to escalate its competitive position. This causes profit margins to decline and the stock to start looking high-priced.

Often, however, it is simply a company investing in its own development. And the results will show up in the cash flow statement sooner or later.

However, this may cause share price volatility in the miniature term. However, it is something that can benefit investors thinking about years or decades rather than weeks or months.

Wise

Listed in the UK Wise (LSE:WISE) is a good example of this. It feels like every time the payment processor reports earnings, its collection rate (the amount it takes) is lower than before.

Almost every time, the stock exchange interprets this as a sign of weakness – why should a company charge lower fees if it is not subject to competitive pressure? In reality, however, it is the opposite.

Lowering prices widens the gap between a company and its closest competitor. This means anyone looking to send money has an even stronger reason to operate a British company.

There is a risk that banks will start reducing their own fees for cross-border transactions. While this threat cannot be eliminated, lowering his own draft rate helps Wise mitigate it.

MercadoLibre

MercadoLibre (NASDAQ:MELI) is in a similar situation. In its latest update, it reported a 45% escalate in revenue and an 11% drop in earnings per share, sending the company’s stock down 14%.

The main reason for the decline in margins is that the e-commerce company has made vast investments. It lowered its next-day delivery threshold and made significant investments in modern fulfillment centers.

They may impact short-term profits, but they significantly strengthen the company’s long-term position. Competitors now have to offer something similar or risk being left behind.

Without the scale of MercadoLibre, this is extremely hard to accomplish without losing money. And that’s why I think the stock market’s reaction in the long run is wrong.

Be greedy

In most cases, the stock market knows that Wise and MercadoLibre are outstanding companies with great growth prospects. And prices them accordingly.

But I think investors are focused on risk these days. In Wise’s case, it is the possibility of geopolitical tensions that will make cross-border transactions more hard.

In the case of MercadoLibre, there is a risk that higher oil prices will again trigger hyperinflation in Argentina. The situation is only just starting to come under control, which could mean a real failure.

In most cases, investors ignore this risk – and this is a mistake. But it’s also a mistake to focus too much on them, which I think is happening now.

As a result, I believe these are two growth stocks that investors should consider buying in March. These are extremely high quality companies that trade at extremely low multiples.