META - 2 Growth Stocks That Just Hit Setbacks: Are They Buys?
Earnings season always brings good news to some corporations and bad news to others. And the stakes are that much higher when equity indexes are down, and the world faces significant macroeconomic headwinds, including inflation.
With that said, it's important to remember that quarterly earnings reports -- even disappointing ones -- only cover a relatively short period of a company's history.
As a rule, long-term investors should avoid decisions based on just one bad quarterly update. Let's look at two companies that failed to impress Wall Street with their most recent financial results: DexCom (NASDAQ: DXCM) and Meta Platforms (NASDAQ: META) . Should investors take the opportunity to buy shares of these companies on the dip?
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2 Growth Stocks That Just Hit Setbacks: Are They Buys?