2 Growth Stocks That Could Double in Value
2022 has been a difficult year for investors, with the Nasdaq Composite down 30% year to date. Like every previous sell-off, some otherwise solid stocks have been caught up in the broader sell-off and are waiting to rebound off the bottom.
A simple strategy to find stocks that could take off in the next bull market is to focus on revenue growth. Look for companies that are maintaining strong sales momentum, as this will point you toward the stocks that will likely see the most upside once market sentiment turns positive.
Strong business momentum hasn't kept shares of Lovesac (NASDAQ: LOVE) and Lululemon Athletica (NASDAQ: LULU) from falling recently, but let's look at why these stocks could easily double in value over the next three to five years.
Source Fool.com
