The Sky Is Falling: The End of Growth Stocks? fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.
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Investing is tough. When stocks are going up, it seems like investors can do no wrong. However, when stocks keep falling, it can be very difficult to maintain composure. One of the best things an investor can do for their financial freedom is to remain calm and do nothing. You will be exposed to many bull
and bear markets throughout your life. In this article, I will discuss two companies that I would be looking to buy and one I still believe would be a strong sell.
This stock has had a difficult year
When stocks rise more than 100% over a year or two, it may be time to ease off the gas pedal. Institutional investors are very likely to lock in some gains at that point, sending the stock plummeting. This may be the case with
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The stock market is trading near its all-time highs, but many growth stocks have sold off meaningfully. It’s a growth investor’s dream come true!
Growth stocks have outperformed over the last 10 years. Some also did exceptionally well through the pandemic last year, resulting in profit taking occurring across the board as investors reallocate capital into value stocks.
Since growth stocks can deliver outsized price appreciation in the long run, it makes sense to consider buying them on corrections like these.
Here are some growth stocks that could deliver incredible upside for years to come.
Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
What happened
Brookfield Renewable Partners (NYSE:BEP) had a good year in 2020, and its stock price reflected that, rising about 75% for the year. But investors rotated out of alternative energy names in 2021, and Brookfield Renewable was no exception. Shares are down more than 20% in just the last three months. But the company reported strong earnings last week, and with market sentiment behind more renewable energy names today, shares jumped more than 5% as of 3:30 p.m EDT.
The Shawmut dam in Fairfield.
Three conservation groups plan to sue the owner of four Kennebec River dams over what they say are repeated violations of the Endangered Species Act.
The Natural Resources Council of Maine, Maine Rivers and the Conservation Law Foundation filed a notice of intent to sue Brookfield Renewable yesterday. It s the latest in a series of conflicts over the dams, which have faced scrutiny from environmental groups and regulators.
NRCM Senior Staff Scientist Nick Bennett says that Brookfield has continued to take Atlantic salmon at its facility after its federal license expired in 2019, and federal officials have said in recent months that the company has lost its coverage under the Endangered Species Act.