Buy These 2 Growth Stocks On the Dip
As it gets colder in the U.S., investors might want to warm up their portfolios by searching for high-quality businesses that have fared poorly in 2022. As long as the long-term outlook remains unchanged, it's definitely a good time to take advantage of any opportunities that the market is offering up right now.
With their share prices down 15% and 48%, respectively, this year, investors might want to consider adding Chipotle Mexican Grill (NYSE: CMG) and Etsy (NASDAQ: ETSY) to their portfolios right now. These two growth stocks could supercharge your investments.
Over the past five years, Chipotle's quarterly revenue and diluted earnings per share (EPS) have risen 100% and 494%, respectively, demonstrating just how remarkable the growth has been for this top restaurant business. Besides expanding the store footprint every year, the company has been able to increase same-store sales at a healthy clip, boosting the productivity of each location.
Source Fool.com
