From Nasdaq: 2024-05-31 14:26:10

The U.S. equities market is stable, with the S&P500 rising 10.4% and the Nasdaq Composite gaining 12.5% this year. Inflation remains a concern globally. Growth stocks may face challenges due to overvaluation, leading to potential sell-offs.

Varonis Systems (NASDAQ: VRNS) is a cybersecurity firm experiencing growth in SaaS platform revenue and a partnership with Microsoft for data security.

MicroStrategy (NASDAQ: MSTR) provides cloud BI tools and holds $14 billion in Bitcoin. MSTR shares rose 123% YTD because of Bitcoin’s rally, but a decline in Bitcoin could impact MSTR.

Spotify (NYSE: SPOT) doubled its share price due to layoffs and subscriber growth. Although financials are positive, the high valuation multiple may pose risks, especially in a market downturn.

Read more at Nasdaq: The Growth Stock Reckoning: 3 Stocks to Sell Before the Bubble Bursts