These growth stocks are selling off fast and they can be a good buy for the next couple of years

The stock market is selling off fast and this means that some good companies are becoming cheap. However, no one knows the right time to buy due to the ongoing war, the pandemic, and the disadvantage of high inflation.

 

The world economy is facing the test of time and it's affecting many stocks. The stock market was already at an all-time high in the past few years and this is a major reason why people are taking profits and some are cutting their losses.

 

The following stocks have been beaten up lately and some are now selling close to 52 weeks low prices.

 

  • Domino Pizza
  • City Group
  • Paypal
  • Square
  • Affirm
  • Lucid Group

 

Domino Pizza stock  (DPZ) is selling for $4432.21 per share, it's down 21.87 percent year to date and its 52 weeks high price was $567.57 per share.  If the economy gets back to a good condition to normal, the stock can go back to its 52 weeks high of $567.     

 

Citigroup inc stock (C ),   is selling for $58.59 per share, and it used to sell for as high as $80.29 per share. That is about $22 in price difference and the stock can get back to that price when things get better the economy.

 

Paypal, Square, and Affirm are all finance stocks, and they are in tech banking, lending, and money transfer processing. All these 3 stocks are beaten up badly, they can rebound but are sure not our best option of stocks to invest in.  Money can be made from other stocks while we watch what will happen to the finance technology stocks.             

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