Buying in a bear market can be a great move if you pick quality stocks and hold them for the long haul. Some stocks struggled so badly over the past year that they are trading around multiyear lows.
Three stocks that fit that criteria and while still generating positive growth numbers include Invitae (NYSE: NVTA) , Salesforce (NYSE: CRM) , and Tesla (NASDAQ: TSLA) . Should you buy these three growth stocks right now, or are tougher times ahead for their businesses?
Diagnostics company Invitae has plenty of long-term promise. Genetic testing is growing in popularity with the 2020 U.S. market worth just over $4 billion. By 2027 it is projected to crack double digits at $10.3 billion, according to data from Fortune business Insights.
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3 Growth Stocks That Haven't Been This Cheap in Years