Down 70%: 2 Growth Stocks Are Smart Buys in a Bear Market
Some investors may be skeptical of a bear market. Yet, savvy investors recognize this as an excellent investment opportunity. Despite having strong fundamentals, the majority of growth stocks have underperformed this year.
Cannabis stocks, in particular, have been on a roller-coaster ride for some time. Investors avoided marijuana stocks due to the lack of progress toward federal legalization. However, those with patience and a healthy risk appetite can benefit greatly from investing in cannabis stocks. Let's look at two such growth stocks that are down more than 70% this year but have excellent long-term prospects.
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Source Fool.com
