Growth Stocks Look Primed for a Rally. Is It Time to Jump Back In?
Growth stocks are companies growing at above-average rates compared to other companies in their industry. These companies are typically younger and focused on innovation and disrupting older industries.
High growth means a chance for high stock price growth, so they're popular among many investors. Finding the next Amazon early enough could be someone's seven-figure retirement ticket. But with this upside comes increased risk and volatility, as the past couple of years have reaffirmed.
After a 2020-to-2021 bull run that saw many growth stocks skyrocket in value, 2022 was a rude awakening. Luckily, this year has been more promising for growth stocks, leading investors to wonder if now is the time to jump back in.
Source Fool.com
