1 Growth Stock Down 67% to Buy Hand Over Fist in 2024
Sometimes it can take painstaking patience to be a growth stock investor. A stock may spend multiple years in the gutter even though its business fundamentals are consistently improving. This can be a frustrating experience, but it can provide fantastic buying opportunities for investors with an extended time horizon.Coupang (CPNG 1.33%) describes this bifurcation to a T. The stock is down 67% from all-time highs set right after its initial public offering (IPO) in 2021 even though its business is thriving. ...