3 Growth Stocks That Are Defying the Nasdaq in 2022
The Nasdaq Composite is officially in a bear market, which is defined as a decline of at least 20% from its peak. And within that broader plunge, many well-known companies have seen their stock prices fall by 75% or more from their highs.
On the other side of that equation, some companies are defying the trend, either with smaller-than-average losses or even with gains for the year. Honeywell International (NASDAQ: HON), Piedmont Lithium (NASDAQ: PLL), and PTC (NASDAQ: PTC) all trade on the tech-heavy Nasdaq, and all are doing much better than the index year to date. Here's why each growth stock could be a good buy now.
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Source Fool.com