Got $5,000? These 2 Growth Stocks Are Down More Than 60% From Their Highs
The stock market has been rallying of late as many struggling stocks have emerged from deeply discounted valuations. But just because you didn't buy near the bottom doesn't mean this isn't a good time to invest. There is no shortage of promising growth stocks that you can justify adding to your portfolio right now.
Shares of Doximity (NYSE: DOCS) and Netflix (NASDAQ: NFLX) are still nowhere near the highs the reached last year. Both businesses still look to be in solid shape, and their current prices may look incredibly cheap in a few years. Investing $5,000 or more into either stock could prove to be a great move today.
If you like tech stocks and want the long-term stability of the healthcare industry, Doximity can make for a fantastic long-term investment. The company aims to make the lives of doctors easier by creating a network for them to easily collaborate and stay on top of industry news. It also provides them with a dialer app that makes contacting patients efficient while maintaining their privacy.
Source Fool.com
