5 US Growth Stocks Hitting Their Year-Lows: Are They a Bargain?
By The Smart Investor  •  September 9, 2022
It has not been an easy year for growth stocks. The bellwether technology stock index, the NASDAQ Composite Index, has fallen by nearly 26% year to date and is wallowing in a bear market. The last two years has seen a surge in demand for digitalisation that has propelled many of the fast-growing stocks to all-time highs. High inflation is now the latest bugbear that threatens to dampen consumer demand. Along with rising interest rates, many companies have seen their valuations and share prices tumble. For the savvy investor, such declines open up opportunities to accumulate shares of solid companies on the cheap. Here are five US growth stocks that recently hit their 52-week lows that you may consider adding to your buy watchlist. Okta (NASDAQ: OKTA) Okta is a software-as-a-service (SaaS) company that provides an identity management platform for enterprises to help them manage authentication and access privileges....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.

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