1 Growth Stock Down 79% That's a Screaming Buy Right Now, According to Several Wall Street Analysts
Growth stocks are supposed to, well, grow. That's especially the expectation when the overall stock market soars as it did in 2023.
However, even the best growth stocks can experience rough patches. Those periods, though, can present excellent buying opportunities for long-term investors. Here's one growth stock down 79% that's a screaming buy right now, according to several Wall Street analysts.
It doesn't seem all that long ago when (NASDAQ: MRNA) was flying high. The company's rapid development of a messenger RNA (mRNA) vaccine for COVID-19 captured investors' attention. Between the beginning of 2020 and September 2021, Moderna's share price skyrocketed more than 22x.
Source Fool.com
Moderna Inc. Stock
€116.14
-0.960%
We see a rather positive sentiment for Moderna Inc. with 16 Buy predictions and 2 Sell predictions.
With a target price of 125 € there is a slightly positive potential of 7.63% for Moderna Inc. compared to the current price of 116.14 €.
