3 Growth Stocks to Buy in a Bear Market
The stock market, as measured by the S&P 500 index, was recently down more than 25% from its 52-week high. If the overall market is down sharply, it means that lots of companies have seen their stock prices fall.
It doesn't mean, though, that all of those stocks that have fallen deserve those lower valuations. A stock that has fallen 25% or even 85% over the past year may be priced a lot lower, but it's not necessarily worth a lot less. Roku, for example, which specializes in video streaming technology, has seen its shares crater 85% from their 52-week high. It might have been overvalued before, but it seems undervalued now.
Here are a few other promising companies with shares down sharply that you might want to consider. Each has the potential to grow robustly as this bear market eventually turns into a bull market.
Source Fool.com
