5 of the Fastest-Growing Stocks Are Now on Sale
You might not be thrilled with what I'm about to say, but stock market corrections and crashes are a normal part of the investing experience. On average, the broad-based S&P 500 has navigated its way through a decline of at least 10% every 1.87 years since the beginning of 1950.
However, crashes, corrections, and periods of panic also beget opportunity. Although emotions are responsible for driving the short-term movements in stock prices, it's a combination of operating earnings growth, innovation, and execution that lift the valuations of high-quality companies over the long run.
Following the recent correction in the tech-heavy Nasdaq Composite, five of the market's fastest-growing stocks -- as measured by their compound annual growth rate (CAGR) -- are now on sale. If you act quickly enough, you just might be able to secure a bargain.
Source Fool.com
