3 Growth Stocks That Are Too Cheap to Ignore
In the current bear market, growth stocks across a range of sectors are trading down, some of them significantly so. For some of these companies, the stock price drops are justified as market hype had taken hold and elevated their prices too much and too fast. They are very unlikely to return to those prior heights. But some growth stocks got unfairly caught up in the broader selloff. Investors should expect these high-quality, growth-oriented businesses to recover from this down period in time.
For long-term investors with a minimum investment horizon of three to five years and available cash not needed for more immediate expenses or to bolster an emergency fund, there are some quality growth stocks now trading at deep discounts that may be just too good to pass up. Let's take a closer look at three of them.
Teladoc Health (NYSE: TDOC) hasn't delivered the same growth recently that it did during the earlier phases of the pandemic, but that doesn't mean the telehealth giant's brightest days are behind it.
Source Fool.com
