1 Growth Stock Down 40%: Should You Pile Into This Well-Known Consumer Brand?
After terrific performances in 2023 and 2024, the major market indexes are near record territory so far this year. Investors looking to put money to work in this type of bullish market environment might be discouraged by the fact that there might not be too many compelling buying opportunities.But not all hope is lost. As of this writing on the afternoon of Feb. 20, there's one growth stock that trades 40% below its all-time high from November 2021. This is despite its impressive 180% rise over the past five years.Does the current dip mean you should pile into this well-known consumer brand right now?Continue reading
After terrific performances in 2023 and 2024, the major market indexes are near record territory so far this year. Investors looking to put money to work in this type of bullish market environment might be discouraged by the fact that there might not be too many compelling buying opportunities.
But not all hope is lost. As of this writing on the afternoon of Feb. 20, there's one growth stock that trades 40% below its all-time high from November 2021. This is despite its impressive 180% rise over the past five years.
Does the current dip mean you should pile into this well-known consumer brand right now?
