3 Beaten-Down Growth Stocks That Could Crush the Market
Bear markets are definitely trying times for investors. But they also offer opportunity. Especially when it comes to growth stocks. Some investors have dropped them in favor of companies considered safer bets during an economic downturn. In many cases, though, high-growth companies' longtime prospects haven't changed. And that means you can scoop them up for a bargain today -- and potentially win big over time.
Let's look at three beaten-down growth stocks that actually could crush the market in the years to come. They're each leaders in their fields. And this dominance could help them -- and your portfolio -- gain in a major way.
Teladoc Health (NYSE: TDOC) shares have dropped more than 65% so far this year. That's after the telemedicine company reported two billion-dollar non-cash goodwill impairment charges. These were linked to a Teladoc 2020 acquisition that brought it additional expertise in chronic care.
Source Fool.com
