3 Top Growth Stocks Down 57% to 83% That You'll Regret Not Buying on the Dip
Buying shares of growing companies after they have fallen sharply can be a rewarding investment strategy, but it's important to understand the key factors that will allow a business to make a comeback.
Roblox (NYSE: RBLX), RH (NYSE: RH), and (NASDAQ: ROKU) are all trading well off their highs, but three Motley Fool contributors believe these fallen growth stocks are ripe for the picking.
John Ballard (Roblox): Roblox is one of the most popular online entertainment platforms for kids and teenagers. The company's quarterly revenue, which is generated from advertising, premium subscriptions, and purchases of user-generated content and its in-game currency, nearly tripled over the last three years, but that didn't keep the stock from falling by 80% from its peak.
Source Fool.com
Roku Stock
Our community is currently high on Roku with 33 Buy predictions and 6 Sell predictions.
As a result the target price of 93 € shows a very positive potential of 73.41% compared to the current price of 53.63 € for Roku.
