04.12.2024 14:00:00
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2 Growth Stocks Wall Street Might Be Sleeping On, But I'm Not
The problem with amazing growth stocks is that when the market discovers them, enthusiastic investors can often converge on them quickly, sending the price through the roof. This doesn't lead to the steady stock appreciation that makes an investment worthwhile. Instead, it creates unnecessary volatility and a stock price that can undermine an otherwise healthy investment thesis.Prices need to be tied to some intrinsic value measure to make sense. That's why investors should stay away from growth stocks with astronomical valuations. What most investors should be on the lookout for is a healthy growth stock with a reasonable valuation.Sometimes Wall Street overlooks these stocks for various reasons, creating opportunity for savvy investors. Revolve Group (NYSE: RVLV) and On Holding (NYSE: ONON) are two such stocks right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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