2 Top Growth Stocks That Could Double Your Money
Growth stocks have been pummeled recently. While this is partly evidenced by the tech-heavy Nasdaq Composite's 6% slide since Feb. 13, this doesn't fully capture the beating many growth stocks have taken since the Nasdaq isn't comprised entirely of growth stocks. Many growth stocks have fallen even further during this period.
While sell-offs are painful for shareholders, investors should keep in mind that lower prices lead to greater long-term prospects (assuming nothing has changed about the underlying business' long-term potential). In fact, this pullback has created buying opportunities in some growth stocks. Two that are looking particularly attractive are streaming-TV giant Netflix (NASDAQ: NFLX) and cloud-based contact center specialist Five9 (NASDAQ: FIVN). Indeed, it wouldn't be surprising to see both of these companies' stocks double from these levels over the next five to seven years.
Source Fool.com