Beaten Down Growth Stocks With The Most Long Term Potential
Stocks that have fallen in 2022 from their 2020 highs
1. SHOP - Shopify
eCommerce is still growing and SHOP is the clear front runner for this industry.
2. DOCU - DocuSign
No one is going back to paper. Clear frontrunner. Would be a good acquisition target.
3. TDOC - Teladoc
I think their competitive advantage is speed of care. You can quickly log on and quickly get help. Healthcare and tech are both growing sectors.
4. TWLO - Twilio
Sticky customer engagement tools. Love B2B software.
5. FB - Meta Platforms
I would not bet against Zuck. Wish they would go deeper into eCommerce, but lets see how this Metaverse plays out.
6. HOOD - Robinhood
Crypto is the future of this biz. Curious to see what else they have coming up. Would also be a good candidate for a buyout.
7. HNST - The Honest Co
So cheap right and their product line is expanding. This business could a huge business one day. Customers love their products.
8. RH - Restoration Hardware
They are doing things no other retailer is doing in a good way. They are just starting to expand internationally which will bring a lot more revenue.
9. Team - Atlassian
Proven management track record.
10. NFLX - Netflix
Just started into the gaming space. Have a proven track record of creating engaging TV and now they are connected to Shondaland. They also have room to expand internationally.
No comments.