4 Hypergrowth Tech Stocks to Buy in 2022 and Beyond
Many "hypergrowth" tech stocks hit all-time highs last year, driven by the market's bullish optimism in a post-pandemic recovery, stimulus checks, the growth of free trading platforms like Robinhood Markets, and discussions on Reddit's WallStreetBets (WSB) subreddit. Bullish fund managers like Cathie Wood also fanned those flames with highly publicized purchases.
But in recent months, many of those frothy stocks were crushed as inflation, rate hike fears, and Russia's invasion of Ukraine sparked a rotation toward more conservative investments. Wood's Ark Innovation ETF -- arguably the flagship fund of hypergrowth stocks -- has declined nearly 40% this year.
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Source Fool.com
