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3 Stocks Ready to Bounce Back

TheMotleyFool

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The market has been unkind this year to some of the hottest growth stocks of 2020. As interest rates have risen and some companies have seen growth rates slow, stocks have slipped -- in some cases by very large amounts.

Three such stocks are Teledoc Health (NYSE: TDOC), Peloton Interactive (NASDAQ: PTON), and Zillow Group (NASDAQ: ZG) (NASDAQ: Z). All three have seen their stock prices fall by about 50% since their peaks earlier this year. But these aren't flawed companies long-term, and I still like these investments -- which makes me think these three stocks are ready to bounce back.