Got $5,000? These 2 Growth Stocks Are Smart Buys
Sometimes an intelligent investment goes against popular opinion. That might be the case with Peloton Interactive (NASDAQ: PTON) and Pinterest (NYSE: PINS). Their stock prices have fallen considerably as they face headwinds of varying magnitude.
Peloton's troubles are more acute, resulting from overinvestment in capacity during its peak sales period. Pinterest's are less so, which could diminish as macroeconomic headwinds reverse. Regardless, it will take time for these companies to get their momentum back.
Peloton and Pinterest stocks could be smart buys if you've got $5,000 you will not need for the next few years.
Source Fool.com
