3 Beaten-Down Growth Stocks to Buy for 2022
If investing for your future is one of your intended New Year's resolutions, it might be a good idea to act now instead of waiting for the calendar to flip to the next page. There are some beaten-down tech stocks out there with operations that are mostly performing beyond expectations.
We can thank the Federal Reserve and its recent warning to expect up to three interest-rate hikes in 2022 for the poor performances. These stocks are way down, partly because higher interest rates are bad news for stocks, in general. High-growth stocks get extra-rough treatment because it's easier to build up a new business with easy access to cheap capital.
All three of these high-growth stocks have what it takes to overcome rate rises that may or may not happen in 2022. Here's why they could outperform no matter what the Fed throws at us next year.
Source Fool.com
