UPST - 3 Stocks That Crashed More Than 20% in January and Are Great Buys Right Now
Anytime there's a steep sell-off in the stock market it creates some buying opportunities. The challenge can be sorting out which stocks are likely to continue falling versus those that are likely to bounce back. But if you're looking at the long term, it may not be difficult to find some promising gems out there.
Last month, the S&P 500 had its worst month since the start of the pandemic, falling by more than 5%. Trulieve Cannabis (OTC: TCNNF) , Western Digital (NASDAQ: WDC) , and Upstart Holdings (NASDAQ: UPST) performed even worse, declining by more than 20%. Here's why, despite their rough starts to the year, they could make for terrific buys today.
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3 Stocks That Crashed More Than 20% in January and Are Great Buys Right Now