2 Growth Stocks Down Over 80% That Could Turn Around in the Second Half of 2022
Let's be clear about one thing: Any stock that loses 80% of its value from its all-time high carries inherent risks. But that doesn't mean the company is uninvestable, especially given how broad the sell-off has been in the technology sector in 2022. In many cases, investor sentiment has turned so negative that the losses in some individual stocks might be overdone.
Affirm (NASDAQ: AFRM) and DocuSign (NASDAQ: DOCU) each have their own unique challenges, but they also face undeniable opportunities. Broader economic issues like high inflation and rising interest rates have slashed investors' patience for promising growth stories, but with those trends potentially reversing, there's a chance the second half of 2022 could bring better fortune to the two companies. Here's why.
Buy now, pay later (BNPL) is a twist on traditional installment-based lending that technology companies have developed to compete with credit cards. BNPL can offer lower interest rates, no additional fees, and a fully digital experience that integrates with a consumer's favorite online store so they don't need to worry about carrying a physical card.
Source Fool.com
