3 Supercharged Growth Stocks Down 88% to 93% That Billionaires Can't Stop Buying
This has been one of the most-challenging years in decades for Wall Street and the investing community. The first six months of the year delivered the worst first-half return for the benchmark S&P 500 in 52 years! Meanwhile, the growth-driven Nasdaq Composite has tumbled more than 30% from its high point in 2022.
It's been an especially rough go for the growth stocks that led the broader market out of the doldrums following the 2020 coronavirus crash. Yet even with this poor performance, billionaire money managers remain unfazed and have continued to put their money to work on Wall Street.
The following three supercharged growth stocks plunged between 88% and 93% from their all-time highs set over the past 18 months, but select billionaires still can't stop buying them.
Source Fool.com
