2 Bruised Growth Stocks to Buy While They're Cheap
Understanding when the market is reacting to short-term sentiments about a company, rather than long-term problems with its performance, is a key skill for investors. Every time the market gets a stock wrong, you have an opportunity to profit by buying and holding it, and that's especially true for growth stocks that are likely to flourish again in due time.
With that in mind, let's examine two temporarily down-on-their-luck growth stocks that are positioned to rally after they execute on their core strategies a bit longer.
Ginkgo Bioworks (NYSE: DNA) saw its shares fall by 69% over the last 12 months, but that could be just the opening that value-hunting investors need to start a position.
Source Fool.com
