1 Growth Stock Down 15% to Buy Right Now
The stock market has been dragged down over the past year, with the Russell 3000 dropping by 10%. But growth stocks, losing 16%, have fared worse than the broad market. That's because many traded at higher valuations than their value counterparts and were more susceptible to higher interest rates and market downturns.
Apple (NASDAQ: AAPL) has seen its share price fall by 15% during this time. But that shouldn't scare off investors. The company still has a lot going for it, and there are several reasons you should consider this a buying opportunity.
Image source: Getty Images.
Source Fool.com