2 Growth Stocks I'm Buying if the Stock Market Crashes 15%
Lots of growth stocks are experiencing a volatile year in 2021, following an incredibly good one in 2020. When stocks are gyrating this much, it can be difficult to stomach being an investor. It may also offer an opportune time to buy stocks you've had your eye on. This is especially true for growth stock investing because the price of these stocks generally moves more than the overall market.
Airbnb (NASDAQ: ABNB) and Roblox (NYSE: RBLX) are two such growth stocks I have had my eye on, but haven't bought. They each have excellent long-run potential and a business model that people find intriguing. Still, I am near the max level I allow as a rule to allocate to stocks in my portfolio during a bull market, and so I'm not buying these stocks just yet.
However, if the stock market crashes by at least 15%, I will consider adding these two growth stocks to my portfolio.
Source Fool.com