In this article, we discuss 10 best buy-the-dip growth stocks to buy now.
Stock markets have been in the red almost consistently since the beginning of 2022, with benchmarks like NASDAQ 100, S&P 500, and Dow Jones down 23.15%, 13.31%, and 9.22% year-to-date as of May 27, respectively.
Legendary billionaire Warren Buffett has always told investors to be fearful when others are greedy and be greedy when others are fearful, essentially advising to buy the dips on quality names.
Retail Investors Buy The Dip Despite Selloff
On May 25, Vanda Research, a global independent financial research company, reported that retail investors continue to invest in the US equity market despite heavy losses to their portfolios. This has helped the S&P 500 to avoid slipping into the bear territory, unlike the tech-heavy NASDAQ. Vanda Research said that net inflows in the US stock market by retail investors were near record highs at an average of $1.3 billion per day on a three-month basis, while the average portfolio drawdown was 32%. The broad index has tumbled by over $2 trillion this year to $38.3 trillion, partly due to recession fears as the Fed continues its tightening monetary policies with huge rate hikes.
Some of the top businesses are trading on significant discounts, and investors are buying the dip on industry leaders with strong fundamentals like Roblox Corporation (NYSE:RBLX), Coinbase Global, Inc. (NASDAQ:COIN), and Meta Platforms, Inc. (NASDAQ:FB).
Photo by Austin Distel on Unsplash
Our Methodology
We selected companies that are positioned to grow in the future, yet the share prices have declined significantly year-to-date. We have mentioned the YTD share price decline as of May 27. The hedge fund sentiment around the stocks has been stated, which was gauged from the Q1 2022 database of Insider Monkey.
Best Buy-the-Dip Growth Stocks to Buy Now
10. Pinterest, Inc. (NYSE:PINS)
Number of Hedge Fund Holders: 56
YTD Share Price Decline as of May 27: 44.29%
Pinterest, Inc. (NYSE:PINS) is a California-based visual discovery engine that enables users to find lifestyle, fashion, and home inspiration through video, product, and idea pins. As of May 27, Pinterest, Inc. (NYSE:PINS) stock has declined over 44%, making it one of the top buy-the-dip growth plays, considering it is a significant medium for marketers, bloggers, and influencers to connect with their audience.
On April 27, Pinterest, Inc. (NYSE:PINS) reported its Q1 results, posting earnings per share of $0.10, beating market estimates by $0.07. The revenue grew 18.48% year-over-year to $574.89 million, outperforming Street forecasts by $2.24 million.
MKM Partners analyst Rohit Kulkarni on April 28 reiterated a Buy recommendation on Pinterest, Inc. (NYSE:PINS) but lowered the price target on the shares to $28 from $38. The company posted a “surprising” upside to Q1 revenue and EBITDA forecasts, but its Q2 guidance indicates declines on summer seasonality and tougher yearly comps, the analyst told investors in a research note. The analyst added that he thought Pinterest, Inc. (NYSE:PINS) would conquer its negative user trends, but despite the mixed performance in a post-pandemic environment, he remains positive on the stock due to its “reasonable” valuation and his belief that the company is an “attractive acquisition candidate”.
Among the hedge funds tracked by Insider Monkey, Pinterest, Inc. (NYSE:PINS) was part of 56 public hedge fund portfolios at the end of March 2022, compared to 57 funds in the last quarter. Harris Associates is the biggest shareholder of the company, with 18.5 million shares worth $456.7 million.
In addition to Roblox Corporation (NYSE:RBLX), Coinbase Global, Inc. (NASDAQ:COIN), and Meta Platforms, Inc. (NASDAQ:FB), Pinterest, Inc. (NYSE:PINS) is on the radar of retail and institutional investors alike amid the broader market selloff.
Here is what Oakmark Fund has to say about Pinterest, Inc. (NYSE:PINS) in its Q1 2022 investor letter:
“We previously had an opportunity to own Pinterest (NYSE:PINS) when the stock sold off during the Covid-19-related downturn, and we were pleased to be able to invest in the company once again at an attractive price during the quarter. Pinterest is an online personal discovery tool that people use to find ideas based on their tastes and interests. Unlike most social media companies, the objectives of users and advertisers are fundamentally aligned on Pinterest. Users find a positive and useful product discovery experience, and advertisers find an audience with high commercial intent and the ability to integrate ads naturally. Although Pinterest had more than 430 million global users as of year-end, the company is still in the early days of monetizing its platform. We believe that its shares trade well below fair value on conventional metrics, such as enterprise value to revenue, as well as when we benchmark its ultimate revenue and margin potential against more mature internet companies.”
9. Rivian Automotive, Inc. (NASDAQ:RIVN)
Number of Hedge Fund Holders: 29
YTD Share Price Decline as of May 27: 69.74%
Rivian Automotive, Inc. (NASDAQ:RIVN) shares have tumbled close to 70% year-to-date as of May 27, and it is one of the best growth plays in the EV space which is expected to explode in the coming years. The company offers five-passenger pickup trucks and electric sports utility vehicles.
On May 16, Rivian Automotive, Inc. (NASDAQ:RIVN) disclosed in a regulatory filing that its CEO Robert Scaringe purchased 41,000 shares of common stock in a transaction worth $1.06 million. Each unit was priced at $25.7772.
Morgan Stanley analyst Adam Jonas on May 17 maintained an Overweight rating on Rivian Automotive, Inc. (NASDAQ:RIVN) and lowered the price target on the stock to $60 from $85 after updating his earnings estimates and price target to account for lower growth, more controlled spending, and other aspects. The market has shifted since the company’s IPO last November, but the analyst believes that if Rivian Automotive, Inc. (NASDAQ:RIVN) can “pace itself” on its growth goals in the short-term, investors will remain confident on the long-term potential of the stock. He thinks Rivian Automotive, Inc. (NASDAQ:RIVN) can be “the one” to challenge Tesla, the analyst wrote in a research note.
According to Insider Monkey’s data, 29 hedge funds were bullish on Rivian Automotive, Inc. (NASDAQ:RIVN) at the end of Q1 2022, compared to 47 funds in the earlier quarter.
Here is what Baron Global Advantage Fund has to say about Rivian Automotive, Inc. (NASDAQ:RIVN) in its Q1 2022 investor letter:
“Rivian Automotive, Inc. designs, manufactures, and sells consumer and commercial electric vehicles. Shares of Rivian continued its volatile trading following the stock’s IPO in late 2021, declining 52% in the first quarter as investors rotated out of fast-growing long-duration stocks and as industry wide supply-chain issues delayed Rivian’s production ramp. In addition, even while other automotive companies raised prices due to inflationary pressures, Rivian launched a price increase campaign that was not well communicated and, as a result, was met with dissatisfaction by existing reservation holders. While this was an unforced error, the company quickly corrected course, reversing its decision to raise prices for existing reservations, while maintaining the increase on new buyers (which has not caused a material impact to demand). We retain conviction in the shares given management’s vision, Rivian’s product positioning, the company’s relationship with Amazon.com, and the company’s strong balance sheet, which will help it overcome the current challenges while taking advantage of the long-term opportunity as the market transitions to electric vehicles.”
8. Sea Limited (NYSE:SE)
Number of Hedge Fund Holders: 77
YTD Share Price Decline as of May 27: 63.15%
Sea Limited (NYSE:SE) is one of the top names in the digital commerce and interactive entertainment industries, and as of May 27, the shares have declined 63.15% to date. This makes Sea Limited (NYSE:SE) one of the best buy-the-dip growth names. The company posted a Q1 revenue of $2.90 billion, above consensus estimates by $41.18 million.
On May 19, China Renaissance analyst Yi Sin Ngoh assumed coverage of Sea Limited (NYSE:SE) with a Buy rating and a $118 price target. According to the analyst, while Garena’s bookings and profitability could fare more poorly in Q2, Gaming downside is priced in the stock. Meanwhile, Shopee will possibly report moderate GMV growth and that division of Sea Limited (NYSE:SE) is “on its path to profitability”, the analyst told investors. He expects Shopee and SeaMoney to drive the group’s profitability in FY24, the analyst added.
According to Insider Monkey’s first quarter database, 77 hedge funds were bullish on Sea Limited (NYSE:SE), down from 108 funds in the last quarter. Chase Coleman’s Tiger Global Management is the biggest shareholder of the company, with 13.5 million shares worth $1.6 billion.
Here is what Farrer Wealth Advisors has to say about Sea Limited (NYSE:SE) in its Q1 2022 investor letter:
“Sea Limited had been selling off since its peak in early November of ~$363/share. This was driven by both a general sell off in tech, especially non-profitable tech, and a general belief that its gaming arm (Garena) was experiencing a slowdown due to its flagship game Free Fire. Free Fire has experienced a slowdown for three reasons: it is a victim of its own success, and by the end of Q321, nearly 10% of the world’s population already played the game, and thus reaching new users was difficult; A return to normal with people traveling/going out more and spending less time playing games; and the Indian market imposed a ban on the game due to anti-Chinese sentiment (Tencent is a large shareholder in Sea). We believed that these issues, while worth considering, were a bit overblown, and some of the data we saw from 3rd party sources showed that though Free Fire usage was dipping, it wasn’t too drastic. Thus, we marginally added to the position throughout the quarter. This was a mistake. During Sea’s earnings report in early March, the company guidance for Garena (down nearly 35% yoy) showed that the slowdown was far worse than predicted. Secondly, Shopee (Sea’s ecommerce arm) has pulled out of certain markets (in Europe and India), which long-term is probably the right strategy, but short-term hampers the optionality of the business. After considering this information and the guidance from earnings, we decided to significantly trim the position. In our opinion, management does have a bit of egg on its face from an overly aggressive expansion or as one investor called it, “bull market hubris.” We think management’s moves were mostly logical, it’s just that their failures came during an unforgiving market. While we believe that Sea’s future is still bright (especially with regards to their e-commerce and financial services), it will take a few quarters of strong earnings for them to regain their momentum, and for now the capital can be better spent elsewhere.”
7. Block, Inc. (NYSE:SQ)
Number of Hedge Fund Holders: 84
YTD Share Price Decline as of May 27: 45.21%
Block, Inc. (NYSE:SQ) is a California-based company that specializes in financial services and digital payments. In Q1 2022, 84 hedge funds were bullish on Block, Inc. (NYSE:SQ), with collective stakes worth $6.18 billion, compared to 96 funds in the earlier quarter, holding stakes in the company valued at $5.95 billion. Despite sharing tumbling significantly YTD, Block is a notable stock to purchase on the dip since digital payments are the future of transactions.
On May 23, Deutsche Bank analyst Bryan Keane reiterated a Buy recommendation on Block, Inc. (NYSE:SQ) but lowered the firm’s price target on the stock to $155 from $180. The analyst cited reduced peer group valuations for the slashed target but sees “solid upside potential” in the shares. He continues to believe Block, Inc. (NYSE:SQ) will remain disciplined in terms of ROI and cohort economics, and the company will likely leverage margins while investing in the long-term.
Block, Inc. (NYSE:SQ) posted its financial results for Q1 2022 on May 5. The company reported earnings per share of $0.18 and a revenue of $3.96 billion, below consensus estimates by $0.02 and $179.56 million, respectively.
Among the hedge funds tracked by Insider Monkey, Cathie Wood’s ARK Investment Management held the biggest position in Block, Inc. (NYSE:SQ) in Q1, with 8.30 million shares worth $1.12 billion.
Like Roblox Corporation (NYSE:RBLX), Coinbase Global, Inc. (NASDAQ:COIN), and Meta Platforms, Inc. (NASDAQ:FB), Block, Inc. (NYSE:SQ) is one of the most notable buy-the-dip growth stocks on the market.
Here is what Farrer Wealth Advisors has to say about Block, Inc. (NYSE:SQ) in its Q1 2022 investor letter:
“Block (formerly Square): We ‘adopted’ Block’s stock after the company bought Afterpay, which we were investors in. We had been trimming the Afterpay position throughout 2021 and trimmed again after the acquisition, so the position was quite small. We held onto that small portion, as we did think the acquisition made sense and were excited to see the two companies integrate and for Block to create a closed loop network between merchants and consumers. However, the market punished most highly valued tech stocks over the last months, and we saw the position move against us by over 50%. We are firm believers that when a stock goes against you by 50%+, you need to do something about it. Either trim/sell and reinvest or buy more. In the case of Block, the original reason for holding was to see how the acquisition and integration with Afterpay panned out. The market did not give us the time to see this play out, thus we were not comfortable adding more to the position. Further for the stock to recover to our purchase price, we felt the company’s valuation would need to command a future exit multiple that the market would be unlikely to pay in this environment. Given this, we exited the remainder of the position.”
6. Meta Platforms, Inc. (NASDAQ:FB)
Number of Hedge Fund Holders: 200
YTD Share Price Decline as of May 27: 42.63%
Meta Platforms, Inc. (NASDAQ:FB) stock has declined 42.63% year-to-date as of May 27. Meta Platforms, Inc. (NASDAQ:FB) is a social media and metaverse firm, operating through Family of Apps and Reality Labs segments. On April 27, the company posted earnings for Q1, reporting an EPS of $2.72, beating market estimates by $0.21. The revenue of $27.91 billion grew 6.64% year-over-year but fell short of analysts’ predictions by $314 million. With Meta Platforms, Inc. (NASDAQ:FB)’s growing scale and numerous acquisitions, it is one of the leading market players in the tech space and a notable growth stock to buy on the dip.
Guggenheim analyst Michael Morris reiterated a Buy recommendation on Meta Platforms, Inc. (NASDAQ:FB) but lowered the price target on the stock to $250 from $275, citing reduced estimates and “slightly below-consensus normalized EBITDA margins” for the target drop after Q1 earnings.
According to Insider Monkey’s database, 200 hedge funds were bullish on Meta Platforms, Inc. (NASDAQ:FB) at the end of Q1 2022, compared to 224 funds in the preceding quarter. The total stakes held in Q1 2022 declined to $19.3 billion from $31.8 billion in Q4 2021. Ken Fisher’s Fisher Asset Management is a significant position holder in the company, with more than 11 million shares valued at $2.4 billion.
Here is what Baron Durable Advantage Fund has to say about Meta Platforms, Inc. (NASDAQ:FB) in its Q1 2022 investor letter:
“Meta Platforms Inc., the parent company of Facebook, reported excellent operating results in 2021. Its revenue increased 37%, operating earnings increased 40%, and the company generated $40 billion of free cash flow. Despite these excellent results, Meta experienced extreme volatility in its stock price during the first quarter. We believe that two factors are responsible for this volatility. First, the company quantified the headwind to revenue from Apple’s recent privacy changes in the amount of approximately $10 billion for 2022. Meta is rebuilding its advertising technology, and we believe the long-term headwinds from Apple’s privacy changes will be limited because Meta will create a suitable solution. Second, Meta continues to invest heavily into its Reality Labs segment, also known as the metaverse. While we believe the metaverse presents great opportunity for Meta, we are not assigning any value to it in our valuation work. While 2022 may be challenging for Meta, the company’s competitive advantages are still intact, and the company trades at a significant discount to our estimate of its intrinsic value. Despite our concerns about a possible recession, we expect Meta to return to double-digit bottom line growth next year.”
5. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders: 80
YTD Share Price Decline as of May 27: 37.05%
Tesla, Inc. (NASDAQ:TSLA), the American EV giant, is down over 37% year-to-date as of May 27. With more individuals and corporations concerned about climate change and governments encouraging lower carbon emissions, the electric vehicles sector is expected to explode in the future, which makes Tesla, Inc. (NASDAQ:TSLA) one of the best buy-the-dip growth stocks to buy now.
On April 20, Tesla, Inc. (NASDAQ:TSLA) reported earnings for the first quarter of 2022. The company announced an EPS of $3.22, above consensus estimates by $0.95. The revenue of $18.76 billion grew 80.54% year-over-year and beat analysts’ predictions by $917.76 million.
Credit Suisse analyst Dan Levy on May 27 said that Tesla, Inc. (NASDAQ:TSLA)’s long-term opportunity remains strong, making him believe the recent pullback in the shares is an attractive entry point. He maintained an Outperform rating on the stock with an $1,125 price target after viewing Tesla, Inc. (NASDAQ:TSLA)’s Fremont facility. The analyst expects the company’s short-term, specifically Q2, to reflect “some regression” in margins and total deliveries, driven by the production headwinds in Shanghai.
Among the hedge funds tracked by Insider Monkey, 80 funds held bullish positions in Tesla, Inc. (NASDAQ:TSLA) at the end of March 2022, compared to 91 funds in the last quarter. ARK Investment Management reported a prominent stake in the company, comprising 1.5 million shares worth $1.7 billion.
Here is what Baron Fifth Avenue Growth Fund has to say about Tesla, Inc. (NASDAQ:TSLA) in its Q1 2022 investor letter:
“During the first quarter, we bought back shares in Tesla, Inc., which designs, manufactures, and sells electric vehicles, solar products, energy storage solutions, and batteries. We believe that despite the run in the stock over the last few years, Tesla presents a favorable risk/reward profile and remains a Big Idea with only about 1% market share of the automotive market. Since we bought the stock during the first quarter, shares increased 27.1%, despite a complex supply-chain environment, on continued revenue growth and record profitability. Robust demand and operational optimization allow the company to offset inflationary pressures while vertical integration provides flexibility around supply bottlenecks. Moreover, we expect new localized manufacturing capacity to drive additional efficiencies while software initiatives, including the autonomous driving program, are accelerating, offering valuable optionality to the stock.”
4. Roblox Corporation (NYSE:RBLX)
Number of Hedge Fund Holders: 40
YTD Share Price Decline as of May 27: 67.88%
Roblox Corporation (NYSE:RBLX) operates an online entertainment platform, allowing web developers to build and manage 3D experiences for users. The stock has declined about 68% year-to-date as of May 27, but the company is positioned as one of the biggest metaverse contenders, which makes it an attractive stock to buy on the dip.
In the first quarter of 2022, the company reported that average daily active users (DAUs) were 54.1 million, an increase of 28% year over year. Similarly, hours engaged on the platform were 11.8 billion, reflecting an increase of 22% from the prior-year quarter. However, Roblox Corporation (NYSE:RBLX) missed Street estimates on earnings per share and revenue in Q1 2022.
On May 17, Daiwa analyst Jonathan Kees kept an Outperform rating on Roblox Corporation (NYSE:RBLX) but lowered the price target on the shares to $38 from $56. Roblox Corporation (NYSE:RBLX) stressed on a return to seasonality, increasingly normalized growth moving ahead, and bookings growth in the the second half of 2022, all of which “is good news given that investors had uncertainty about timing of the bookings rebound and the reopening trajectory”, the analyst told investors in a research note. However, he slashed price estimates as he forecasts higher company spending ahead.
According to the records kept by Insider Monkey, Roblox Corporation (NYSE:RBLX) was found in 40 public hedge fund portfolios at the end of March 2022, down from 61 funds in the last quarter. Philippe Laffont’s Coatue Management is one of the leading shareholders of the company, with 4.7 million shares worth $221.60 million.
Here is what Tao Value has to say about Roblox Corporation (NYSE:RBLX) in its Q4 2021 investor letter:
“Roblox (RBLX) got significant more attention from both institutional & retail investors after Facebook announced to rename itself as Meta Platforms. I believe the price appreciation is largely attributed to the increased attention. On the business side, Roblox rolled out a few successful music events and also partnered with Netflix on testing long-form media consumption in the virtual world. Apple in its iOS 14.5 rolled out an impactful change for the digital advertising landscape by requiring all apps to ask users to “opt in”.
3. Intellia Therapeutics, Inc. (NASDAQ:NTLA)
Number of Hedge Fund Holders: 35
YTD Share Price Decline as of May 27: 58.58%
Intellia Therapeutics, Inc. (NASDAQ:NTLA) is an American genome editing company that develops pharmaceuticals for a wide range of diseases. As of May 27, the Intellia Therapeutics, Inc. (NASDAQ:NTLA) stock has dropped about 59% so far this year. Genomics is a branch of biotechnology that is positioned to grow in the coming years since it helps treat genetic or acquired diseases, making Intellia Therapeutics, Inc. (NASDAQ:NTLA) a notable stock to buy on the dip.
On May 9, Oppenheimer analyst Jay Olson maintained an Outperform rating on Intellia Therapeutics, Inc. (NASDAQ:NTLA) but lowered the firm’s price target on the shares to $130 from $160 after the company announced Q1 results and offered updated reports from the Phase 1 study of NTLA-2001 in ATTR amyloidosis. The analyst is “encouraged” by the growing profile, which he believes boasts curative potential.
According to the first quarter database of Insider Monkey, Intellia Therapeutics, Inc. (NASDAQ:NTLA) was part of 35 hedge fund portfolios, up from 31 funds in the prior quarter. Andreas Halvorsen’s Viking Global is one of the leading stakeholders of the company, with 2.4 million shares worth $179.40 million.
Carillon Tower Advisers discussed its stance on Intellia Therapeutics, Inc. (NASDAQ:NTLA) in its Q2 2021 investor letter.
“Intellia Therapeutics is a clinical-stage genome editing company focused on the development of proprietary, potentially curative therapeutics. The company’s stock soared after announcing positive interim data from an ongoing phase 1 clinical study of its in vivo gene editing candidate, which is being developed as a single-dose treatment for hereditary transthyretin (ATTR) amyloidosis. This specific form of therapy would be the first of its kind resulting in the precision editing of a gene in a target tissue in the human body.”
2. Ginkgo Bioworks Holdings, Inc. (NYSE:DNA)
Number of Hedge Fund Holders: 30
YTD Share Price Decline as of May 27: 63.64%
Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) is a Massachusetts-based company that specializes in cell programming, assisting with the development of novel therapeutics, food ingredients, and chemicals derived from petroleum.
Despite the YTD decline in share prices of almost 64% as of May 27, Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) is a strong company to invest in, given its potential in the agriculture market amid the strength in commodities. This merits Ginkgo Bioworks Holdings, Inc. (NYSE:DNA)’s inclusion on our list of the best buy-the-dip growth stocks to buy now.
On May 18, BofA analyst Derik de Bruin downgraded Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) to Underperform from Neutral with a price target of $3, down from $6, as he believes that the short-to-medium term upside appears limited. However, he remains positive on the long-term potential of the synthetic biology space and Ginkgo Bioworks Holdings, Inc. (NYSE:DNA)’s platform. He believes that the Q1 results outperformed consensus due to pandemic-related demand. He would need more visibility into Ginkgo Bioworks Holdings, Inc. (NYSE:DNA)’s future revenue streams and the market’s “appetite for longer duration growth stories to return” in order to revisit his outlook on the stock, the analyst added.
Among the hedge funds tracked by Insider Monkey, 30 funds were long Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) at the end of Q1 2022, with collective stakes worth $990.3 million, compared to the same number of funds in the preceding quarter, with stakes in the company valued at $4.2 billion.
1. Coinbase Global, Inc. (NASDAQ:COIN)
Number of Hedge Fund Holders: 46
YTD Share Price Decline as of May 27: 70.67%
Coinbase Global, Inc. (NASDAQ:COIN) is an American company that provides financial infrastructure and technology for the crypto industry. The stock price has fallen over 70% year-to-date as of May 27. However, with crypto being the preferred medium of transactions in the metaverse and retail interest in the crypoverse, Coinbase Global, Inc. (NASDAQ:COIN) remains positioned as one of the best buy-the-dip growth plays.
Cowen analyst Stephen Glagola on May 26 initiated coverage of Coinbase Global, Inc. (NASDAQ:COIN) with an Outperform rating and an $85 price target. The company is a dominant player in the US and the analyst expects it to be primarily an exchange/retail brokerage-driven story over the next several years. He believes in the company’s double-digit percentage compound annual growth potential for “the foreseeable future” and argues that Coinbase Global, Inc. (NASDAQ:COIN) has a structural advantage over global competitors in security infrastructure and regulatory adherence.
According to Insider Monkey’s Q1 data, 46 hedge funds were bullish on Coinbase Global, Inc. (NASDAQ:COIN), compared to 57 funds in the preceding quarter. Jim Simons’ Renaissance Technologies reported a prominent stake in the company, with 1.05 million shares worth $199.7 million.
Here is what Longleaf Partners Fund has to say about Coinbase Global, Inc. (NASDAQ:COIN) in its Q4 2021 investor letter:
“We also have seen plenty of IPO/SPAC craziness showing both that private players need public markets more than they admit and that there is more volatility embedded in these newer companies than a private quarterly mark might admit. As for how efficient both the private and public markets are, we would encourage you to really delve into some of those multi-hundred-page S1s for many of the newest public companies to see the huge gap between the last valuation at which the company was funded and/or granted shares to its executives and the often much higher price at which the company went public – Coinbase is a prime example.”
You can also take a look at 10 Biotech Penny Stocks with Growth Catalysts and 10 Safe Stocks To Invest in For The Long-Term in 2022.
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Disclosure: None. 10 Best Buy-the-Dip Growth Stocks to Buy Now is originally published on Insider Monkey.
