Annie, the lead character in the popular Broadway musical bearing her name, had some great advice for investors: The sun will come out tomorrow. From an investing perspective, she was definitely right in principle if not in the details. The stock market will be brighter in the not-too-distant future.
Astute investors will realize that such optimism can help them make money. The key is to put that sunny outlook into action by scooping up shares of well-run businesses whose stocks trade at a discount. With that in mind, here are three growth stocks down 25% to 71% to buy in August.
The sun already appears to be coming out to some extent for Amazon (NASDAQ: AMZN) . Just six weeks ago, shares of the internet giant were down 45% from the peak set in November 2021. But a rebound is now underway, with Amazon stock now close to 25%.
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3 Growth Stocks Down 25% to 71% to Buy in August