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This Growth Stock Hasn't Been This Cheap in Over a Decade

TheMotleyFool

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This Growth Stock Hasn't Been This Cheap in Over a Decade: https://g.foolcdn.com/editorial/images/715226/people-meet-in-an-office-getty-2022.jpg

The 2022 bear market created an incredible opportunity to buy excellent companies at discounted prices. SVB Financial Group (NASDAQ: SIVB) is one such company, trading down 67% since the start of 2022.

The Silicon Valley-based bank caters to innovative start-ups and saw its valuation take a hit as those customers saw funding dry up during the year. However, it's an attractive stock for investors, trading at its cheapest valuation in over a decade.

This cheap valuation gives SVB Financial excellent upside potential with some margin of safety. Here's why you should consider adding this growth stock to your portfolio today.

Source Fool.com

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