Here's My Top Growth Stock to Buy Now
The past several months have been rough for high-growth stocks, many of which lost their luster as inflation, rising interest rates, and other macro headwinds drove investors toward more conservative investments. However, that relentless sell-off has also reduced the valuations of some well-run companies to more reasonable levels for long-term investors.
One of those beaten-down growth plays is Etsy (NASDAQ: ETSY), the online artisan marketplace that saw its stock plummet more than 75% after hitting an all-time high last November. I'll explain why investors should tune out all the near-term noise and buy this out-of-favor stock today.
Image source: Getty Images.
Source Fool.com