Growth stocks have been buried in the recent decline. It’s no secret, particularly as the major indices have slid into a correction of 20% or more. However, the problem is that many of the high-quality companies are getting sucked in with the low-quality companies and the selloff has created a lot of cheap growth stocks. Therein lies another problem, though: Cheap stocks can always get cheaper — especially in a bear market.
Now that’s got investors in a tough spot. Do they buy while these stocks are down anywhere from 60% to 80% or more?
As long as the businesses have not deteriorated as fast as the stock price has, the valuation usually becomes more palpable.
7 Cheap Growth Stocks That Are Too Good to Ignore
