2 Warren Buffett Growth Stocks Down 65% and 92% to Buy Right Now
The stock market has gotten off to a brutal start in the first half of 2022. The S&P 500 index is down roughly 20% year to date. Meanwhile, the Nasdaq Composite index has slid a staggering 29% during that stretch.
With a decline of roughly 7% this year, Berkshire Hathaway stock has held up significantly better than the market at large, but Warren Buffett's company has stocks in its portfolio that have recorded dramatic losses amid current market pressures. Snowflake (NYSE: SNOW) and StoneCo (NASDAQ: STNE) stand out as two of the biggest losers in the Berkshire portfolio, but risk-tolerant investors could actually go on to score big wins with these beaten-down companies. Here's why these growth stocks are worth betting on.
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Source Fool.com