2 Growth Stocks Down 20% or More to Buy Right Now
It would be nice if stocks only went straight up, as that would make investing a lot easier. However, even growth stocks will fall in price from their highs. These stock dips, though, can often be good opportunities to scoop up a stock at a more attractive price.
Let's look at two growth stocks down 20% or more that investors can consider buying.
Chipotle Mexican Grill (NYSE: CMG) has been one of the best-performing restaurant stocks over the past five years, up more than 250% over that stretch. However, more recently, the stock has come under some pressure and is down more than 20% from its recent highs. The main reasons behind the sell-off appear to be a combination of some cooling on the stock following its recent stock split, and some fallout from the inconsistent size of its portions.
Source Fool.com
