The broader market is again flirting with all-time highs. But many investors, including myself, are sitting on some substantial losses in 2021 because several popular growth stocks have pulled back and are slumping to 52-week lows. If your portfolio is down, a word of caution: The pain of losing money can embolden us to make reckless investing decisions. Don't sell your financial future while looking for short-term explosive opportunities.
This doesn't mean that explosive opportunities aren't out there; they are. And I believe Zoom Video Communications (NASDAQ: ZM) and Latch (NASDAQ: LTCH) are two such opportunities right now. However, as with most good investments, they might take several years to fully manifest. But the potential is there, as we'll see.
Image source: Zoom Video Communications.
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2 Potentially Explosive Stocks to Buy in December