Investing in Beaten-Down Growth Stocks for Long-term Gains
![https://store.livarava.com/517cba83-f505-11ee-897a-87cc5c87fb08.jpg](https://store.livarava.com/517cba83-f505-11ee-897a-87cc5c87fb08.jpg)
Overlooked Investment Opportunities in 2024
Overlooking these companies could be a mistake. The stock market has had a strong start to 2024, but different companies have reflected that rebound in varying degrees in terms of share price changes.
Why Business Assessment Matters
A stock may be down because the business is doing badly, but there may be more to the story. Likewise, a business that has seen share prices run up doesn't automatically equal a great buy.
Considerations for Investment
- Assess the business' long-term competitive advantage
- Evaluate financials and growth story
- Invest in businesses that align with your portfolio goals
On that note, let's take a closer look at two undervalued stocks, Fiverr and Chewy, with strong growth potential.