2023-08-22 10:55:16 ET
The Nasdaq Composite Index has advanced by more than 30% year-to-date. The businesses below outperformed these lofty figures in the first half of the year, rising between 55% and 98%.
However, Fortinet (NASDAQ: FTNT) , DigitalOcean (NYSE: DOCN) , and Global-e Online (NASDAQ: GLBE) have declined by 29%, 34%, and 18%, respectively, in the last month. Recently reported earnings didn't inspire their investors.
With the market previously pricing these three businesses for perfection, here's why their recent drops make them ideal stocks under $100 to buy and hold for decades .
For further details see:
3 Growth Stocks You Can Buy Right Now for Under $100