TDOC - 4 Growth Stocks Worth Buying After Last Week's Sell-Off
Last week proved to be a difficult one for growth stocks. Many of the market's fastest-growing technology darlings were slammed, particularly during the second half of the week. The pullback was likely primarily a function of some profit-taking after many of these stocks soared since the bottom of the coronavirus market crash in March.
Sure, many of these stocks were due for a correction. After all, stocks can't trend sharply upward forever. Eventually, they become overvalued. A pullback in these stocks, therefore, was largely merited. But the decline may have also led to some stocks getting oversold.
Three great growth stocks that look like good buying opportunities after last week's sell-off are cloud database company MongoDB (NASDAQ: MDB), monitoring and analytics platform provider Datadog (NASDAQ: DDOG), and telehealth and virtual care companies Teladoc Health (NYSE: TDOC) and Livongo Health (NASDAQ: LVGO).