3 Beaten-Down Growth Stocks Billionaire Money Managers Can't Stop Buying
Over the long run, the stock market has proved to be a wealth-building machine. But wealth-building rarely occurs in an orderly fashion or a straight line.
Beginning more than a year ago, a number of top-performing, high-growth companies began selling off from their highs. As uncertainties surrounding the pandemic and inflation gained steam, many growth stocks took it on the chin.
But the beat-down some growth stocks have endured hasn't scared off some of Wall Street's most successful money managers. Based on Form 13F filings with the Securities and Exchange Commission, billionaire money managers couldn't stop buying the following three once high-flying growth stocks during the fourth quarter.
Source Fool.com
