Growth stocks have been hit especially hard this year, but their long-term investment thesis hasn't changed. Shopify (NYSE: SHOP), Roku (NASDAQ: ROKU), and Nvidia (NASDAQ: NVDA) are three downtrodden companies that look like excellent buying opportunities for investors willing to hold them for the next decade and beyond. What makes these companies appealing is their position in industries due for explosive growth in the coming years.
Zacks.com users have recently been watching Shopify (SHOP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The market has taken growth investors for a bumpy ride over the past year. Vertex Pharmaceuticals (NASDAQ: VRTX) is one of them. Not only does the company have an incredible history of delivering favorable revenue growth and profits, but its stock has been a high performer for investors even in the volatility of the past year.