2 Dirt-Cheap Growth Stocks That Could Skyrocket in 2022
Growth stocks are shares in companies that increase revenue and earnings at an above-average rate -- and they usually trade for astronomical valuations because of it. Luckin Coffee (OTC: LKNC.Y) and Curiosity Stream (NASDAQ: CURI) buck this trend. Let's explore the reasons why these dirt cheap growth stocks look poised for a massive rally in 2022.
Trading for $11 per share, Luckin Coffee has already rebounded tremendously from its 52-week low of $5.25. The company has spent the past two years reorganizing itself after its prior management's fraud. Now, growth is firing on all cylinders, but the stock remains way down from its former highs.
Source Fool.com