Investors hardly need reminding that 2022 marked one of the worst years for investors in more than a decade. Each of the major stock market indexes fell into bear market territory, and the biggest loser was the tech-centric Nasdaq Composite , which is still down more than 31% from its peak in late 2021. Many individual technology stocks fared far worse.
What does bear remembering, however, is that bear markets -- as unnerving as they can be at the time -- are an important part of the natural economic cycle. These downturns historically provided investors with the opportunity to buy supercharged growth companies at discounted prices. Furthermore, every previous bear market eventually bowed out to a new bull market, profiting investors who stayed the course.
One technology stock that looks especially appealing right now is Sea Limited (NYSE: SE) . After more than doubling its revenue in both 2020 and 2021, the company has fallen on hard times. Tough comps and macroeconomic headwinds caused investors to jump ship and the stock is down 83% from the peak in 2021. A closer look, however, reveals a stock that investors should be buying like there's no tomorrow.
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Tech Sell-Off: 1 Supercharged Growth Stock Down 83% to Buy Like There's No Tomorrow