Previous close | 497.50 |
Open | 497.50 |
Bid | 636.80 |
Ask | 661.80 |
Strike | 1,820.00 |
Expiry date | 2024-01-19 |
Day's range | 497.50 - 497.50 |
Contract range | N/A |
Volume | |
Open interest | 1 |
In 2022, investors grappled with the deepest bear market since the global financial crisis in 2008, and the technology sector took the brunt of the pessimism. Cathie Wood's Ark Invest is focused on the technology sector, so it experienced a steep decline in the value of its exchange-traded funds (ETFs). Its flagship Ark Innovation ETF fell a whopping 66% for 2022.
The Nasdaq Composite has surged over 11% so far this month as growth stocks retake center stage. Shopify (NYSE: SHOP), the Vanguard Growth ETF (NYSEMKT: VUG), Nio (NYSE: NIO), Beam Therapeutics (NASDAQ: BEAM), and Roku (NASDAQ: ROKU) have that kind of potential. Here's what makes each company a great buy now, according to five Motley Fool contributors.
Growth stocks were hit especially hard during this bear market. For those investors with $1,000 available to invest, there are several discounted growth stocks to choose from. As businesses normalize and valuations return to more normal levels, three growth stocks that emerge as buys today are Shopify (NYSE: SHOP), Tradeweb Markets (NASDAQ: TW), and Block (NYSE: SQ).