Got $5,000? These 2 Growth Stocks Are Down 60% From Their Highs

Buying and holding quality growth stocks can be a surefire way to significantly increase your portfolio's value over the years. And many of them are on sale right now, with the markets looking a bit fragile to start the year as the S&P 500 is down 9% thus far in 2022.

Two growth stocks that show lots of promise and are down more than 60% from their 52-week highs are BioNTech SE (NASDAQ: BNTX) and Matterport (NASDAQ: MTTR). Here's why they have been struggling, and why they may still be good buys.

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Source Fool.com