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2 Super Growth Stocks Down 34% and 61% to Buy on the Dip
While I don't typically wait for a stock to dip in price to buy it, it can be an excellent opportunity to add to a holding -- provided my original investment thesis remains intact.Following the market's recent sell-off, many of my favorite stocks have dropped significantly. However, I'd argue there's nothing existentially wrong with most of these businesses. Many of these stocks were priced for perfection by the market and failed to meet the lofty expectations that analysts had hoped for. They're far from broken businesses.Today, I'll examine two examples of businesses facing this phenomenon and explain why these two growth stocks appear to be super buy-the-dip candidates.Continue reading
While I don't typically wait for a stock to dip in price to buy it, it can be an excellent opportunity to add to a holding -- provided my original investment thesis remains intact.
Following the market's recent sell-off, many of my favorite stocks have dropped significantly. However, I'd argue there's nothing existentially wrong with most of these businesses. Many of these stocks were priced for perfection by the market and failed to meet the lofty expectations that analysts had hoped for. They're far from broken businesses.
Today, I'll examine two examples of businesses facing this phenomenon and explain why these two growth stocks appear to be super buy-the-dip candidates.
