Here's My Top Growth Stock to Buy Now
Between the supply-chain crunch, rampant inflation, fears of rising rates, and now the war in Ukraine, growth stocks have gotten hit hard. The Vanguard Growth ETF is down 18% year to date compared to a decline of 11% for the S&P 500 -- and with uncertainty buffeting the market from every direction, it may seem like a bad time to go shopping for growth stocks.
But for long-term investors, the sell-off presents an opportunity. Market conditions will eventually change, and businesses that can keep delivering growth in good times and bad will bounce back. One such stock that is trading at a discount right now is RH (NYSE: RH), the high-end home furnishings chain formerly known as Restoration Hardware.
Image source: RH.
Source Fool.com
