3 Beaten-Down Growth Stocks That Could Rally in the Second Half of 2022
The stock markets just recorded their worst first half of the year since 1970. The biggest fallout of this bear market has been in growth stocks, with share prices of some falling by half or even more.
Since growth stocks trade at high premiums, it's not surprising to see them fall fast when the markets turn choppy, especially on fears of an economic slowdown. Yet not all deserved to be punished so hard and the market could soon recognize what a steal some of the growth stocks are at current prices. Here are three such beaten-down growth stocks that could rally in the second half of 2022.
It's been a tumultuous year for the auto industry. The semiconductor chip shortage has worsened, the Russian invasion of Ukraine has thrown supply chains out of whack, raw material prices have shot up, and higher interest rates threaten to dig a deeper hole in automakers' pockets.
Source Fool.com
