The U.S. equity market is encountering some turbulence in the form of worrisome inflation metrics, supply chain disruptions, rising COVID-19 cases, and loss of faith in the government's monetary and fiscal policy. According to a new survey from IHS Markit , US equity investors' risk appetite has now reached its lowest in the last year.
However, this period of increased volatility and low investor confidence can also prove to be an opportunity for long-term stock pickers to pick up shares of high-growth companies at fair prices. Digital Turbine (NASDAQ: APPS) and Bandwidth (NASDAQ: BAND) are two stocks that are trading at a significant discount to their consensus target price.
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2 High-Growth Stocks That Wall Street Thinks Are Undervalued