My 3 Highest-Conviction Growth Stocks to Buy Before 2022 Ends
Much of last year was dominated by a global pandemic, so coming out of 2021, investors couldn't have possibly predicted the challenges that were ahead. Now, just 12 months later, supply chain bottlenecks helped fuel 40-year-high inflation, the highest interest rates in nearly 15 years, and the worst bear market in more than a decade. Sheesh.
As a result of the economic overhang, many former high-flying stocks have fallen on hard times. Yet, for those who view the glass as half full, investors are presented with the rare opportunity to buy these high-quality companies at discounted prices.
When opportunities abound, it can be difficult to separate the wheat from the chaff. To make things easier, let's narrow down the field and look at three businesses that have all the earmarks of a stock ready to run: an industry-leading position, significant secular tailwinds, and a large addressable market.
Source Fool.com