DESP - 3 Growth Stocks That Are Screaming Buys Right Now
The market has fallen out of love with growth stocks recently. Between high inflation, the omicron coronavirus variant, the Federal Reserve's plans to raise interest rates and cut back on other economic stimulus initiatives, and underwhelming economic data, investors have had a litany of risk factors to consider. Lately, it seems like a new one pops up almost every other day.
Here's the good news: With the market getting skittish about growth stocks as a broad category, there are promising companies caught up in the pullback that now trade at huge discounts. Read on to see why a panel of Motley Fool contributors identified Despegar.com (NYSE: DESP) , StoneCo (NASDAQ: STNE) , and Chegg (NYSE: CHGG) as stocks with massive long-term upside.
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3 Growth Stocks That Are Screaming Buys Right Now