As hundreds of growth stocks sold off amid rising interest rates and a tumultuous market in 2022, even strong operators were caught up in this drop's wake. This divergence between shorter-term movements, which are tied to quarterly earnings concerns versus a company's longer-term prospects, often allows investors good entry points on strong businesses.
Three to consider today are Doximity (NYSE: DOCS) , Coupang (NYSE: CPNG) , and InMode (NASDAQ: INMD) . All struggled in the market last year, but grew more robust by a number of meaningful measures. So if you are armed with some extra cash as we move into 2023, these three companies may be great opportunities.
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Got $3,000? 3 Growth Stocks to Double Up On Right Now