1 Growth Stock Down 17% in 2024 to Buy Right Now
Wayfair(W) The Motley Fool·2024-12-17 09:48
After the stock market's strong returns this year, it's challenging to find stocks that have fallen. Growth stocks, in particular, have had a good run. The S&P 500 Growth Index has gained 40.4% this year (through Dec. 16). That's more than 28 percentage points higher than the S&P 500 Value Index's 11.9%.Wayfair (W -3.25%) performed well during the early days of the pandemic with high revenue growth. The company rewarded shareholders with outsized gains. But times have been challenging more recently, and the ...