2 Growth Stocks to Buy Before a Big Rally
The stock market is trending upwards again, erasing the damage of a brutal 2022. The S 500 market index lost a dividend-adjusted 18% last year while the tech-heavy Nasdaq Composite showed a negative total return of 33%. As the inflation crisis lightens up and the usual Washington heavyweights are settling their debt ceiling differences, the Nasdaq has recorded a 25% rebound while the S 500 gained 10% year-to-date.
So things are looking up but the market still stands far below a full recovery. Here are two incredible growth stocks that still strike me as unfairly beaten-down buying opportunities right now. One is a trailblazer in the streaming media sector and the other has found a unique niche in the explosive e-commerce market.
Let's start with the streaming technologist (NASDAQ: ROKU).
Source Fool.com
Roku Stock
Our community is currently high on Roku with 25 Buy predictions and 7 Sell predictions.
As a result the target price of 93 € shows a very positive potential of 69.99% compared to the current price of 54.71 € for Roku.
