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Should You Buy This Growth Stock Down 27% and Hold for the Next 10 Years?
Investors continue to deal with heightened uncertainty regarding the direction of the economy. The overall stock market has pulled back. Among the volatility, there are some high-quality companies that are feeling the pressure.Consider Chipotle Mexican Grill (NYSE: CMG). As of March 31, this growth stock traded 27% below its all-time high from June 2024, even though it has soared 287% in the past five years. Maybe there's an opportunity here.Should you buy shares on the dip and hold them for the next 10 years? Here's what investors need to know.Continue reading
Investors continue to deal with heightened uncertainty regarding the direction of the economy. The overall stock market has pulled back. Among the volatility, there are some high-quality companies that are feeling the pressure.
Consider Chipotle Mexican Grill (NYSE: CMG). As of March 31, this growth stock traded 27% below its all-time high from June 2024, even though it has soared 287% in the past five years. Maybe there's an opportunity here.
Should you buy shares on the dip and hold them for the next 10 years? Here's what investors need to know.
