2 Magnificent Growth Stocks Near a 52-Week Low to Buy Before 2023
Investors learned a difficult lesson over the past year: Stocks can lose a lot of value very quickly. Recession fears in 2022 sent the S&P 500 and the Nasdaq Composite into a bear market, and many individual stocks saw their valuations cut in half or worse. For instance, shares of CrowdStrike Holdings (NASDAQ: CRWD) and DigitalOcean Holdings (NYSE: DOCN) are down roughly 58% and 76%, respectively, from all-time highs. That leaves both stocks trading near a 52-week low.
Losses like that can be frustrating or even downright terrifying, but long-term investors should step back and look at the big picture. Cybersecurity and cloud computing are large and growing markets, and the future still looks bright for CrowdStrike and DigitalOcean.
Here is why these two growth stocks are worth buying today.
Source Fool.com
