4 Spectacular Growth Stocks You’ll Regret Not Buying in the Wake of the Nasdaq Bear-Market Dip
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Summary:
– Wall Street’s major stock indexes have experienced swings, with the Nasdaq Composite having the biggest fluctuations.
– The Nasdaq Composite has yet to reach a new all-time high, presenting an opportunity for investors to buy growth stocks at a discount.
– Four growth stocks to consider buying at this time include PayPal Holdings, Lovesac, Alibaba, and Starbucks.
– PayPal Holdings is expected to benefit from the growth trend in fintech and is currently a bargain at under 12 times forward-year earnings.
– Lovesac stands out in the furniture industry due to its unique product line, omnichannel sales platform, and inexpensive stock price.
– Alibaba is poised for growth with the reopening of the Chinese economy and leads in both e-commerce and cloud computing.
– Starbucks is recovering from the impact of the pandemic, has a strong customer loyalty program, and is undervalued with strong growth potential.
– Each of these companies presents an attractive investment opportunity following the Nasdaq bear-market dip.
Read more: 4 Spectacular Growth Stocks You’ll Regret Not Buying in the Wake of the Nasdaq Bear-Market Dip