Got $1,000? Buy This Hot Growth Stock Before It Takes Off
One of the most straightforward ways that people can build long-term wealth is by investing in the stock market. And while the task of picking which individual stocks you want to buy can be daunting, a simple approach is often the best. If you can find a company that offers both a history of strong growth and bright prospects, trading at an attractive valuation, you've got a stock with the key ingredients to provide a patient investor with solid returns.
If you're ready to invest $1,000, then The Joint Corp. (NASDAQ: JYNT) is just such a company -- a booming business that has experienced a 77% share price drop this year.
The Joint Corp. franchises, manages, and operates a chain of chiropractic clinics across the U.S., and it's completely upending the business model in its healthcare niche. Traditionally, to see a chiropractic practitioner, patients with back pain have had to schedule appointments in advance, and the prices could be prohibitive for those without insurance or whose policies don't cover that form of care. At locations run by The Joint Corp., people can walk in during more expanded hours, and they don't need medical insurance coverage for their treatments.
Source Fool.com
