BYND - Don't Wait for a Market Crash: These 2 Top Stocks Are on Sale
2023-03-29 10:15:00 ET
Carvana (NYSE: CVNA) and Beyond Meat (NASDAQ: BYND) faced significant hurdles over the past year. As the possibility of continued inflation and market pressures mount, the large dips in these companies could signal a significant buying opportunity for savvy investors. However, this opportunity comes at a fairly high risk.
Here's a closer look at what makes each of these high-risk stocks worth considering today.
When dealerships shuttered and America went into lockdown during the early days of the pandemic, car buyers increasingly moved online to find their next rides. Carvana benefited greatly from this shift away from traditional used-car dealerships. But that advantage continues to slip away after states removed most lockdown restrictions.
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Don't Wait for a Market Crash: These 2 Top Stocks Are on Sale