2 Growth Stocks Down 20% or More to Buy Right Now
If you’re looking to add some potential growth stocks to your portfolio, now might be a good time to consider investing in companies that have recently seen a drop in their stock prices. Two such stocks that are down 20% or more but still show strong growth potential are worth considering.
The first stock to consider is Company A, a technology company that has seen its stock price drop by over 25% in the past few months. Despite this decline, Company A continues to show strong growth in its revenue and user base. With a solid track record of innovation and a promising pipeline of new products, Company A is positioned for future success.
The second stock worth considering is Company B, a biotech company that has seen its stock price plummet by over 30% due to recent market volatility. However, Company B has a strong portfolio of drugs in development and has received positive feedback from the medical community. With potential breakthroughs on the horizon, Company B is a compelling investment opportunity for growth-focused investors.
While investing in stocks with declining prices may seem risky, it can also present an opportunity to buy high-growth companies at a discounted price. By carefully researching and analyzing these stocks, investors can potentially capitalize on their growth potential and see significant returns in the long run.