Many growth stocks are taking a beating this year. While it can be unnerving to buy stocks as they're falling, it can also lead to significant returns later on. Quality stocks won't crash forever, and it's important to recognize which ones possess long-term value and growth opportunities as the investments that you should consider adding to your portfolio, especially while they're at reduced valuations.
Two stocks that fit that criteria include cannabis company Curaleaf Holdings (OTC: CURLF) and theme park and entertainment giant Walt Disney (NYSE: DIS) . Both of these stocks are down around 40% since the start of the year, which is far worse than the S&P 500 's 23% decline. But here's why now may be an optimal time to buy them.
What's promising about Curaleaf is this is a top multi-state marijuana company that is on track to generate more than $1.4 billion in revenue this year. And the business is only getting bigger. This month, it announced the opening of its 17th location in Pennsylvania (its 134th nationwide).
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2 Beaten-Down Growth Stocks to Buy for the Long Haul