Who Needs a Sell-Off? These 3 Growth Stocks Are More Than 30% Off Their Highs
There were 1,634 stocks listed on the major U.S. exchanges hitting fresh 52-week highs last week, but a lot of fast-growing companies have been left behind. It won't always be that way.
Coupang (NYSE: CPNG), NIO (NYSE: NIO), and Fiverr International (NYSE: FVRR) are posting strong year-over-year growth, but their stock prices aren't following suit. All three have fallen by 30% or more since their recent highs. All three are strong candidates to bounce back, because growth always gets the last laugh.
Image source: Getty Images.
Source Fool.com