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WKN DE: A113R6 / ISIN: US67011P1003

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12.10.2024 13:30:00

2 Incredibly Cheap Growth Stocks to Buy Right Now

When the stock market is volatile and share prices tumble, opportunities arise to search for great businesses with stocks temporarily trading at bargain levels. When this happens, investors with a multiyear buy-and-hold strategy can shrewdly add such stocks to their portfolio while others sit on the sidelines.It's true that just because a stock is trading lower doesn't necessarily mean it has become a better buy. Sometimes, stocks trade at depressed valuations for completely valid reasons. In other cases though, the market might be underestimating what a business is worth or leaning into bearish sentiment toward the company despite multiple green flags pointing toward favorable long-term results. The trick is knowing which stock fits in which category.Of course, any stock you buy should align with your overall investing strategy. Only invest in businesses that you believe in and that you understand both from an operational and financial perspective.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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