This Beaten-Down Growth Stock Could Double Your Money in 5 Years
Since closing at an all-time high of $107.30 on Sept. 3 last year, The Joint Corp. (NASDAQ: JYNT) has seen its shares tank 67% as of March 30. As a result of the Federal Reserve's planned interest rate hikes, investors have soured on high-multiple, high-growth stocks, a category this business has certainly belonged in.
But with still-strong fundamentals supporting the company, I think this booming nationwide operator and franchisor of chiropractic clinics, whose stock has crushed Bitcoin in 2021, can easily double your money by 2027. Let's take a closer look at this top small-cap stock.
Image source: Getty Images.
Source Fool.com