The Federal Reserve is expected to raise interest rates this week in an effort to cool inflation. Stocks have been pressured by fears that aggressive moves by the central bank to rein in rising prices will lead to a recession. Read More...
Motley Fool
3 Beaten-Down Growth Stocks to Buy and Hold
If the direction of their stock prices is all you know about different companies, then you’re probably better off buying ones in an uptrend. Shares of Amazon.com (NASDAQ: AMZN), Netflix (NASDAQ: NFLX), and Zoom Video Communications (NASDAQ: ZM) have all fallen by more than one-third from their previous peaks. In addition to recording a $7.6 billion loss on its investment in electric vehicle maker Rivian, Amazon told investors to expect significantly less revenue this year than investment bank analysts had forecast.
