3 Growth Stocks I'm Ready to Buy If the Market Crashes in June
After thriving for more than a decade in a near-zero interest rate environment, growth stocks are getting hammered now that the Federal Reserve has signaled multiple rate hikes in 2022. Shares of businesses in a high growth phase have been sinking because nobody knows how severely to discount their future cash flows yet.
Interest rate uncertainty is enough to batter growth stocks on its own, but this isn't the only weight on the minds of investors right now. COVID-related lockdowns in China have disrupted supply chains, and the lack of goods normally produced there keeps fueling inflation. And even without runaway inflation, Europe is teetering on the brink of a severe economic downturn caused by Russia's invasion of Ukraine.
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Source Fool.com