Since nobody has added the obvious solution yet which works fine for two comparisons, I'll offer it:
if (foobar === foo || foobar === bar) {
//do something
}
And, if you have lots of values (perhaps hundreds or thousands), then I'd suggest making a Set as this makes very clean and simple comparison code and it's fast at runtime:
// pre-construct the Set
var tSet = new Set(["foo", "bar", "test1", "test2", "test3", ...]);
// test the Set at runtime
if (tSet.has(foobar)) {
// do something
}
For pre-ES6, you can get a Set polyfill of which there are many. One is described in this other answer.