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2 Growth Socks Down 30% or More to Buy and Hold

TheMotleyFool

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2 Growth Socks Down 30% or More to Buy and Hold: https://g.foolcdn.com/editorial/images/705960/family-moving-into-a-house.jpg

Investors have fled the market in droves this year as fears of a recession, geopolitical tension, and 40-year-high inflation have brought about a pessimistic outlook on Wall Street. There's no doubt that things could get worse before they get better, but the silver lining is that plenty of corporations are trading for much lower prices than they were just a year ago.

Vacation-rental company Airbnb (NASDAQ: ABNB) and fintech-specialist Adyen (OTC: ADYE.Y) are among them. Let's consider why these two companies are worth buying and holding onto.