2 No-Brainer Growth Stocks Down 59% and 82% to Buy Right Now for Less Than $20
For long-term investors, backing stocks with the potential to benefit from massive trends can be a path to incredible performance. Companies in the early stages of capitalizing on big shifts can often see big valuation swings, but those who back the right businesses at the right times open the door for market-crushing performance.
Growth stocks have rallied over the last year, but investors still have opportunities to build positions in emerging category leaders that trade at big discounts. With that in mind, read on for a look at two top stocks that can be purchased for under $20 per share.
Palantir (NYSE: PLTR) is a data software company that provides services to the U.S. government, Western allies, and business customers. The company's stock has surged as new artificial intelligence (AI) initiatives have been launched and seen encouraging rates of adoption. But priced at roughly $16 per share, the company's stock is still down roughly 59% from the lifetime high it hit in 2021.
Source Fool.com