2 Growth Stocks Down 35% and 78% You'll Wish You'd Bought on the Dip
2022 was brutal for the stock market, and particularly for the technology sector. The Nasdaq-100 tech index plunged 33% for the year, but at this stage, it looks like it might have bottomed in October. The index has steadily climbed ever since, logging a 24% gain so far from that low point.
With that said, some technology stocks are still sitting well below their all-time highs as their fundamentals continue to grapple with a tough economic environment. Shares of semiconductor giant Micron Technology (NASDAQ: MU) are down 35%, and shares of real estate technology company Zillow Group (NASDAQ: Z)(NASDAQ: ZG) have fallen 78%.
But the economy will almost certainly improve, and when investors look back in a few years from now, they might wish they'd bought both of these stocks on the dip.
Source Fool.com
Micron Technology Inc. Aktie
Die Micron Technology Inc. Aktie steht gut da: Deutlich mehr Buy- als Sell-Einschätzungen in der Community.
Eine erhebliche Steigerung um mehr als 20% ist für Micron Technology Inc. mit einem Kursziel von 110 € im Vergleich zum aktuellen Kurs von 83.2 € zu erwarten.
