The Ultimate Growth Stock to Buy With $50 Right Now

Whenever a company goes public, you'll often read and hear a lot of buzz about it. Unfortunately, investing in the hottest initial public offering (IPO) stocks frequently backfires.Take Figma (NYSE: FIG) for example. The stock soared, more than tripling on its first day of trading. Since then, the stock has collapsed. Figma currently trades nearly 70% off its high, a catastrophic result for anyone who initially bought and held shares.Figma isn't the first IPO stock to wash out, nor will it be the last. Investors shouldn't hold that against Figma.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool