3 Beaten-Down Growth Stocks Worth Buying on the Dip
So far, the Nasdaq Composite is the only major index to officially enter a bear market. The Nasdaq is down about 28% from its all-time high, but with many high-profile companies down even more, this market downturn feels much more severe.
It's comforting to remember that stocks are not lottery tickets. If you buy a stock, you own a piece of a business. And if that business is growing revenue and profits, the stock is going to go up at some point. That's why all bear markets have been followed by longer periods of rising stock prices.
Three widely followed companies just reported better-than-expected revenue results. After falling significantly year-to-date, these stocks could be great buys.
Source Fool.com
