Buy These 2 Growth Stocks on the Dip

From Nasdaq:

1. The stock market is up 25%, with some individual stocks faring even better than others. Here are two growth stocks that are worth considering buying on the recent dip.

2. C3.ai (NYSE: AI) has seen its shares rise over 160% in 2023, but is down more than 40% from its 52-week high. The company is achieving accelerated revenue growth, positive cash flows, and net profitability, making it a good stock to consider.

3. Redfin (NASDAQ: RDFN) has rallied 130% in 2023, despite being down nearly 90% from its post-pandemic highs. Its growth prospects are improving due to a fall in mortgage interest rates that can lead to an increase in new listings and buyers in 2024.

4. Before you invest in C3.ai, consider that the AI stock doesn’t currently factor into The Motley Fool’s 10 best stock picks. They recommend other stocks that they believe could produce monster returns in the coming years. The Motley Fool’s Stock Advisor service has more than tripled the return of the S&P 500 since 2002.

5. Steve Symington has positions in C3.ai and Redfin. The Motley Fool has positions in and recommends Redfin. The Motley Fool recommends C3.ai and recommends short February 2024 $8 calls on Redfin. This viewpoint does not necessarily reflect those of Nasdaq, Inc.



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