SEMR - 3 Stocks I Bought This Week
It can be agonizing to buy stocks during a volatile period in the market. Especially now that stocks are tumbling, it can be challenging to see stocks drop immediately after buying them.
However, investors focused on the long term should take advantage of these sell-offs. Because there is no sense in timing the market, regularly buying stocks is a great way to remain invested and take advantage of the discounts we see right now. That's what I have been doing, and I recently added to three of my favorite companies: Shopify (NYSE: SHOP) , Nvidia (NASDAQ: NVDA) , and Semrush (NYSE: SEMR) .
Shares of the leading e-commerce platform have been clobbered recently, falling almost 77% from their all-time highs. Considering this, many investors might think the company is floundering, but Shopify is still performing well. In the first quarter of 2022, Shopify posted a 22% year-over-year revenue expansion to $1.2 billion as it helped over $43 billion in gross merchandise volume get sold by e-commerce merchants.
For further details see:
3 Stocks I Bought This Week