SHOP - 3 High-Growth Stocks Down 31% to 79% to Buy Right Now
2023-10-28 08:05:00 ET
It's been a rocky couple of years for the stock market, but investors should always remember that the volatility often comes with lower valuations for quality stocks, paving the way for strong returns. And there are plenty of great stocks that are poised to bounce back.
One of the best ways to pick future winners when the markets are down is to invest in strong brands you know. You're likely familiar with Etsy (NASDAQ: ETSY) , Ulta Beauty (NASDAQ: ULTA) , and Shopify (NYSE: SHOP) . Let's see why three Motley Fool contributors believe these growth stocks can head higher.
Jeremy Bowman (Etsy): Etsy was one of the major pandemic-era winners in e-commerce . Its revenue more than doubled for several consecutive quarters during the COVID-19 crisis.
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3 High-Growth Stocks Down 31% to 79% to Buy Right Now