3 Supercharged Growth Stocks That Still Look Unstoppable
The start of October was quite challenging for the U.S. stock market. Major indexes, including the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average, fell mainly because of a sell-off in the technology sector. Many investors are concerned about the future growth prospects of resource-hungry technology companies amid increasing bond yields.
While the current market downturn is undoubtedly painful for many investors, it can also be an opportunity to pick up fundamentally strong growth stocks riding secular tailwinds at a relative discount. In case you have some cash that is not required to pay bills, SoFi Technologies (NASDAQ: SOFI), CarParts.com (NASDAQ: PRTS), and Sea Limited (NYSE: SE) could be attractive picks in October.
Image source: Getty Images.
Source Fool.com
