1 Growth Stock Down 20% to Buy Right Now

Although the market is just off its all-time high, you wouldn't know it based on some of the fear in one part of the market. There is talk of a bubble forming in artificial intelligence (AI), fueled by huge spending on the technology.One stock that has seen the brunt of the market's worry about hefty AI spending is Meta Platforms (NASDAQ: META). The company is starting to extend itself a bit by spending more money than its cash flows are providing, requiring it to take on debt to fund its aspirations. This has the market extremely concerned, which is why the stock was about 20% off its all-time high. However, I think right now is an excellent buying opportunity, and long-term investors will be able to benefit from Meta's build-out plans a few years down the road, making today's stock price a bargain.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool