1. Home
  2. >
  3. Stock Markets 🤑
Posted

5 Growth Stocks to Buy While the Nasdaq Remains Down 15% From Its Highs

  • The Nasdaq remains down nearly 15% from its record high, presenting opportunities to buy high-quality growth stocks at attractive valuations.

  • Meta Platforms is historically cheap despite strong user engagement across its social apps like Facebook and Instagram.

  • JD.com is poised to benefit as China reopens its economy and spins off assets to unlock value.

  • BioMarin Pharmaceutical focuses on rare diseases and should see substantial profit growth this decade.

  • Pinterest can leverage its large, engaged user base for advertising without relying on restrictive data tracking.

fool.com
Relevant topic timeline:
Main financial assets discussed: Meta Platforms, Inc. (NASDAQ:META) Top 3 key points: 1. Meta Platforms reported positive earnings growth and a significant margin improvement in its Q2 earnings results. 2. The company has addressed its margin issues through job cuts and expense control, resulting in an upward trajectory for operating margins. 3. Meta Platforms has a solid growth outlook, with a stable user count and potential for further margin improvements, making it a potentially good investment. Recommended actions: **Hold**. The article does not explicitly recommend buying, selling, or holding Meta Platforms' stock. However, based on the positive earnings growth outlook, margin improvements, and relatively reasonable valuation, it suggests that holding the stock is a viable option.
The article mentions Meta (NASDAQ:META) stock. The author does not explicitly give a recommendation to buy, hold, or sell the stock. The author's core thesis is that Meta has experienced a remarkable turnaround, with revenue accelerating, margins improving, and positive outlook. The key information and data provided include Meta's revenue growth in Q2, the improvement in advertising revenue from its Family of Apps, the growth in Family Monthly Active People, the increase in ad impressions and decrease in average price per ad, the progress in Reels engagement and monetization, the profitability and financial health of Meta, the company's outlook for Q3, and the valuation of Meta stock.
The recent stock market dip presents a buying opportunity for long-term investors, as highlighted by three Motley Fool contributors who recommend investing in Microsoft, Nu Holdings, and Datadog. Microsoft's excellent management under CEO Satya Nadella, Nu Holdings' expansion into Mexico and Colombia, and Datadog's strong revenue and earnings growth make these stocks attractive options for investment.
The article mentions Emergent BioSolutions (NYSE:EBS) as the stock being discussed. The author does not give a clear recommendation of whether to buy, hold, or sell the stock. The author highlights the risks and challenges facing the company, such as debt covenants and the need for equity dilution, but also suggests that the current price may be attractive on a risk/reward basis. The author's core thesis is that Emergent BioSolutions is a great business with valuable pharma assets, but it is facing challenges related to debt, CDMO issues, and government procurement. The author provides information on the company's debt levels, EBITDA forecasts, and potential catalysts, as well as a range of potential scenarios for the stock price.
Summary: This article highlights three growth stocks worth considering for investment, with a focus on different industries and potential long-term upside.
CNBC's Jim Cramer lists five stocks, including American Airlines, Bank of America, Electronic Arts, Ball Corp, and Cummins, as potential buying opportunities during market downturns.
Summary: Despite economic challenges such as inflation and interest rate increases, investors should consider Coinbase Global, Tesla, and PayPal as growth stocks with long-term potential in the event of another bear market.
Summary: Investing in growth stocks following the Nasdaq bear market dip could be a wise move, with Alphabet, Lovesac, Nio, and Baidu identified as top growth stocks that offer promising long-term outlooks and attractive valuations.
In a potential bear market, British American Tobacco, Johnson & Johnson, and Coca-Cola are three stocks that have the potential to beat the market due to their defensive qualities and strong potential for continuing profitability.
Summary: As investors brace for the possibility of a bear market, three top stocks to consider are Hormel Foods, Walmart, and McDonald's, each of which has defensive businesses that can thrive in tough economic conditions.
Four preeminent growth stocks that investors may regret not buying after the Nasdaq bear market dip are PayPal Holdings, Fastly, BioMarin Pharmaceutical, and Palo Alto Networks.
Certain stocks, such as Abbott Laboratories, Johnson & Johnson, and Coca-Cola, possess strong brands, diverse portfolios, and reliable dividends, making them excellent investments regardless of market conditions.
Summary: Many investors are predicting a new bull market for the S&P 500, and while it has yet to reach a new high, it is only 7% away; three stocks to consider buying are Amazon, which has a strong presence in the logistics market and opportunities in AI, Mastercard, which benefits from its business moat and growth in emerging markets, and Vertex Pharmaceuticals, which has potential catalysts in its pipeline and an attractive valuation.
To prepare for a bear market, consider investing in Berkshire Hathaway and other defensive stocks such as Albertsons, Target, Archer-Daniels-Midland, Campbell Soup, and General Mills that offer reasonable valuations and income-generating opportunities.
11 beaten-up growth stocks that are not in the Big Tech group appear to be good investment opportunities.
Biotech stocks Immunovant and Roivant Sciences experienced significant gains due to positive clinical trial results and a strategic investment, bucking the overall downtrend in the stock market.
Long-term investors have an opportunity to invest in growth stocks like Visa, Western Digital, Jazz Pharmaceuticals, and Nio amidst the bear market dip in the Nasdaq.
Three stocks to consider buying in October that could potentially soar more than 40% over the next 12 months, according to Wall Street, are BioNTech, PayPal Holdings, and Brookfield Infrastructure.
CRISPR Therapeutics, DraftKings, and Roivant Sciences are three growth stocks that investors should consider buying heading into the final quarter of 2023 due to their potential for significant growth and market leadership in their respective industries.
The Nasdaq and S&P 500 rose as growth stocks gained, while investors awaited comments from Federal Reserve Chair Jerome Powell and more data to gauge the central bank's interest-rate path.
Investment platform The Motley Fool suggests four dividend stocks to consider adding to your portfolio in October for stability and long-term investment upside.
Despite recent volatility in the stock market, there are four growth stocks - Alphabet, Fiverr International, CrowdStrike Holdings, and Baidu - that long-term investors should consider buying at a discount after the Nasdaq bear market dip.
Investors should consider buying growth stocks such as Mastercard, Airbnb, Palo Alto Networks, and Amazon in the wake of the Nasdaq bear market dip, as they offer long-term growth opportunities and are well-positioned in their respective industries.
Discounts on industry-leading growth stocks are apparent following the Nasdaq bear market dip, presenting an opportunity for long-term, growth-seeking investors to consider stocks such as Walt Disney, Okta, NextEra Energy, and Meta Platforms.