3 Growth Stocks Down 54% to 84% That You Can Buy and Hold Forever
Some investors may have soured on tech growth stocks following the worst market declines since the 2008-2009 financial crisis. Cathie Wood's Ark Innovation ETF, which focuses on such stocks, has plunged by nearly 75% from its early 2021 peak, and some individual companies have fallen further.
Nonetheless, many of these stocks hold tremendous long-term potential that has increased amid these massively discounted share prices. Advanced Micro Devices (NASDAQ: AMD), Meta Platforms (NASDAQ: META), and Twilio (NYSE: TWLO) are likely three such stocks.
Jake Lerch (Advanced Micro Devices): There's plenty of carnage in the stock market among tech stocks, and AMD is no exception. The company's shares are down 54% from last year's all-time high of around $162.
Source Fool.com
