11.08.2024 17:38:00
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1 Growth Stock Down 56% to Buy Right Now
Given that the S&P 500 is down nearly 7% since its mid-July peak, obviously more than a few investors are jittery. And understandably so. The global economy isn't doing quite as well as recently presumed and this is what can happen to stocks when that's the case.Savvy investors, however, recognize this pullback for exactly what it is: a buying opportunity. A whole bunch of stocks are now on sale at a deep discount due to this sweeping weakness. But it's a sale that likely won't last very long. If you're interested in buying, you might want to do so sooner rather than later.And if you're specifically looking for a new high-risk/high-reward growth stock to scoop up at a bargain price, think about stepping into Celsius Holdings (NASDAQ: CELH) while shares are down an incredible 56% from their May high.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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