1 Growth Stock to Buy After a Post-Earnings Dip
The market often reacts erratically to quarterly earnings. Companies that deliver solid returns can see their stock prices soar, while those that fail to impress investors often swiftly move in the opposite direction.
But quarterly updates rarely have prospect-altering news in them, and that's why post-earnings moves can create opportunities for long-term investors to acquire shares of excellent companies on any dip. With that in mind, let's look at one solid growth stock that has been southbound since it released its first-quarter earnings earlier on May 9: Airbnb (NASDAQ: ABNB).
Here's why the company's shares are worth buying.
Source Fool.com
