Want 60% to 115% Return in 2022? Try These Growth Stocks, Says Wall Street

The U.S. equity market has been quite volatile for the past two years. Growth stocks, which have been the darling of the stock market for the past decade, are now seeing a dramatic decline in share prices. Investors are increasingly worried about the effects of high and sticky inflation, supply chain constraints, labor shortages, and the pace of global economic recovery. The rapid surge in COVID-19 omicron variant cases has further added to the market's woes.

The weakening in investor sentiment has been especially detrimental to growth stocks, which had long enjoyed skyrocketing valuations. While correction in share prices was justified for many of these stocks, some, such as Affirm (NASDAQ: AFRM) and CrowdStrike (NASDAQ: CRWD), seem to have been excessively punished despite solid business models and healthy financials. Hence, there remains a solid chance of correction in these stocks in 2022.

Let's see why these stocks could earn healthy returns for retail investors in 2022.

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Source Fool.com