21.11.2024 10:48:00
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3 Growth Stocks Down 40% to Buy Right Now
Year to date in 2024 as of Nov. 18, the S&P 500 has surged 23%, having hit an all-time high recently. If the gain holds, this year will be its 25th best year since 1928, according to data from Macrotrends. In other words, this year has been quite good for investors.The S&P 500 is soaring, and this means that it's challenging to find quality growth stocks that are actually down -- almost everything is up. But for those willing to dig deep enough, it's possible to find a few quality growth stocks that have dropped during this bull market.I believe shoe company Crocs (NASDAQ: CROX), Brazilian financial technology (fintech) business PagSeguro Digital (NYSE: PAGS), and cosmetics company e.l.f. Beauty (NYSE: ELF) are three growth stocks down 40% or more from 52-week highs that are worth buying right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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