Down 46% in 2024, Should You Buy This Growth Stock on the Dip?

With both the S&P 500 and Nasdaq Composite Index in record territory, investors might be surprised to learn that not all businesses have benefited from the market's strong rally. Five Below (FIVE 2.48%) fits in the category of underachievers. Investors probably sold off the stock because they might have been disappointed by the fact that Five Below's same-store sales dipped 2.3% in Q1. And to make matters worse, executives believe this metric will decline 3% to 5% for the full fiscal year. Expanding the sto ...