1 Growth Stock to Buy in May
The market is swinging between highs and lows as geopolitical turmoil and macroeconomic trends continue to play out on the world stage. Should you be buying growth stocks at all as they fall in droves?
Yes, if they have strong business fundamentals that inspire confidence for the long term, and if you have funds that you don't need right now after debts are paid off to take advantage of dropping prices. Sagging stocks give investors the opportunity to find great companies at attractive prices, so while it might look scary out there, even times like this can be used purposefully.
One stock that's been demonstrating high growth and is now on sale is Lululemon Athletica (NASDAQ: LULU), and at its lowest price since the 2020 market crash, now is a great time to buy shares.
Source Fool.com
