Bargain Hunters: 3 Innovative Stocks Down 37% to 77% Worth Buying Now
Both the broad S&P 500 stock market index, and the technology focused Nasdaq 100 index are reaching all-time highs right now. But a cohort of the most innovative technology stocks has been crushed in recent months, amid rising concerns about potential interest rate increases and the pandemic.
Prior to their collapse in stock price, some of these companies were market darlings for most of 2021. It therefore stands to reason that the quality ones will make a comeback, and three Motley Fool contributors think DigitalOcean Holdings (NYSE: DOCN), Lemonade (NYSE: LMND), and Zoom Video Communications (NASDAQ: ZM) fit the bill. Here's why.
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Source Fool.com
