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DailyBubble News

3 Growth Stocks Defying Today’s Market Trends

With the market taking a breather, now is a great time to consider investing in strong growth stocks that are defying the current trends. Despite the recent record gains in the first half of the year, there are some market-defying growth stocks that are currently on sale and could be worth adding to your portfolio.

One such stock to consider is SoFi (SOFI), a digital bank that has been growing rapidly and turning a profit through its online-only model. Despite some volatility in its stock price, SoFi has consistently delivered strong operating performance. In its most recent quarter, the company beat revenue estimates and reported GAAP profitability. With a growing membership base and raised forecasts for the future, SoFi stock presents an exciting opportunity for investors, especially given that it is currently down 73% from its all-time high.

Another promising growth stock to look at is Pinterest (PINS), an image-based social media platform that has been performing well despite market downturns. The company recently reported strong quarterly results, surpassing analyst estimates and reaching a record monthly user base. With a focus on profitability and cost-cutting measures, Pinterest is a safe haven for investors during turbulent market conditions.

Lastly, Disney (DIS) is another growth stock worth considering, as the company works to improve its entertainment division and focus on quality content over quantity. With a strong Experiences segment and potential for growth in its Sports segment, Disney has the potential to offer significant upside in the future.

Overall, these market-defying growth stocks present exciting opportunities for investors looking to diversify their portfolios and capitalize on long-term growth potential.

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