1 Growth Stock Down 58% to Buy Now and Hold
The market has been turbulent in recent months, and investors have been quick to sell out of software stocks with growth-dependent valuations amid a rising tide of risk factors. While volatility and uncertainty are stressful, these conditions also create opportunities. Many growth stocks with the potential to deliver multibagger returns over the long term have seen their valuations depressed and are worth pouncing on today.
One of those growth stocks, Unity Software (NYSE: U), has seen its share price fall roughly 60% from the lifetime high it reached last November, and the stock has what it takes to deliver market-crushing returns. Here's why I believe investing in the content-creation specialist will have big payoffs.
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Source Fool.com
