Tech Sell-Off: 2 Growth Stocks to Buy, and 1 to Sell
Stock market volatility can be unnerving, but the key to navigating bumpy periods is to own great companies and maintain a laser focus on the long term. The technology-centric Nasdaq-100 index has more than doubled over the last five years, for example, even after accounting for its 28% loss in 2022. A down market can, therefore, be a great time to put available cash to work.
When deciding where to put it to work, it's important to choose companies that are either profitable or that are growing quickly with a strong cash position to provide a clear pathway to profitability. Those features can minimize the risk of a particular company suffering a worst-case scenario during volatile times in the market.
Here are two stocks that fit the bill, and one that investors should avoid.
Source Fool.com
