Some of Your Favorite Growth Stocks May Never Reach Their Previous Highs. Here's Why You Shouldn't Worry
Alas, the frothy days of 2021 are all but a distant memory as the market has come crashing back down to reality this year. The Nasdaq Composite is down more than 28% in 2022, and many growth and tech stocks have seen worse losses.
The reality is that many of these stocks, after reaching stratospheric valuations last year, may never see those valuations again -- or at least not for many, many years. If you go back to the dot-com crash near the turn of the century, you'll see that many stocks from that period have never attained those levels again, despite performing solidly since then.
While it can be a bit depressing to dwell on the past, you shouldn't worry too much. There are ways to not only learn from what happened in the past year but to also turn the situation to your advantage.
Source Fool.com
