2 High-Growth Stocks That Could Go Parabolic
When stocks head into a bear market, high-growth stocks with minimal or negative current earnings can get hit extra hard. This seems to be occurring right now in this market sell-off, with many fast-growing software, technology, and internet stocks down 50% while the market is only down around 10%.
When these corrections occur, it can provide fantastic buying opportunities for any investor with a long time horizon. Two high-growth stocks in a sell-off that could go parabolic over the next decade are Latch (NASDAQ: LTCH) and Coupang (NYSE: CPNG). Here's why.
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Source Fool.com
