2 Beaten-Down Growth Stocks I'm Not Selling
The past few months have been rough for many investors as marketwide issues sent equities tumbling down. Growth stocks have been hit particularly hard due to impending interest rate hikes in the U.S. Amid all this turmoil, it is essential not to succumb to panic selling.
Long-term investors should offload shares of companies they own only if they think the investment theses of these companies have changed. That's precisely why I am not (yet) parting ways with two of my holdings that have lagged the market recently: Teladoc (NYSE: TDOC) and Shopify (NYSE: SHOP).
Both companies' prospects remain intact, I believe, despite recent struggles in the stock market. Here's the rundown.
Source Fool.com
