FVRR - 2 Beaten-Down Growth Stocks to Buy Before They Soar
One of the basic principles of investing in stocks is to "buy low." That is a lot easier to do when equity markets are going through a downturn, like the one we experienced in 2022. Plenty of attractive stocks are trading at much lower levels than just a year ago, but that won't last forever.
Eventually, the market will bounce back, a bull market will follow, and equities will become more expensive. Let's consider two growth stocks to buy before that happens: Block (NYSE: SQ) and Fiverr (NYSE: FVRR) . These tech stocks have plenty of fuel left in the growth tank.
Block is a fintech giant seeking to democratize businesses' and individuals' finances. It targets the former through its Square ecosystem, where it offers a range of products of services from point-of-sales systems to inventory and payroll. Block's Cash App, a peer-to-peer payment app, is another key part of its business that offers individuals various banking services, from stock and crypto investing to direct deposit and a debit card.
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2 Beaten-Down Growth Stocks to Buy Before They Soar