The Growth Stock Sale of 2021 Has Arrived: 3 Stocks to Buy Now
For the past 12 years, growth stocks have run absolute circles around value stocks. The reason? Borrowing rates have continued to push lower and, for much of the past 12 years, the Federal Reserve has maintained a dovish stance with regard to monetary policy. In short, growth stocks have had cheap access to capital with which to innovate, hire, and even acquire other businesses.
But the thing about equities some people forget is they move in both directions. Even though the long-term trend for the major indexes is up, short-term moves can be unpredictable. Over the past couple of months, we've witnessed a pretty broad sell-off in growth stocks. While some have recovered, many remain on sale and are ripe for the picking.
The growth stock sale of 2021 has arrived, folks, and this trio of companies is begging to be bought.
Source Fool.com
