1 Growth Stock to Buy When the Market Is Volatile
2022 is off to a rough start for investors, particularly those holding high-growth technology stocks, with the Nasdaq 100 index losing almost 19% year to date at Thursday morning's prices. But the sell-off extends back to November, and many popular individual stocks have collapsed into bear-market territory.
It's always best to take a long-term view, as history proves it's the winning formula for producing the best returns. But now might be a good time to look at companies that tend to benefit from broad market volatility.
Adding a stock like Interactive Brokers (NASDAQ: IBKR) to your portfolio can offer some stability during uncertain times, as it earns commissions based on trading volume, and hence outperforms during times of heightened market activity. The company has a strong record of growth, and its stock is attractively priced right now.
Source Fool.com
