👀 Ones to watch: Undervalued stocks to buy before they report Q3 earningsSee Undervalued Stocks

Here Are A Few Younger Stock Long Suggestions

Published 03/29/2022, 12:36 PM
Updated 07/09/2023, 06:31 AM
YETI
-
GRWG
-
GOEV
-
CMBM
-
NET
-
DDOG
-
IMVT
-
NKLA
-
RENT
-
SG
-

Here are some younger stocks that seem to be basing and hold the prospect for strong price gains, assuming the minuscule dip we saw in February constitutes the only bear market we’re going to get this decade.

Cambium Networks Corp (NASDAQ:CMBM):

CMBM Chart.

Datadog Inc (NASDAQ:DDOG):

DDOG Chart.

xxx:

DOMO Chart.

Canoo Inc (NASDAQ:GOEV):

GOEV Chart.

GrowGeneration Corp (NASDAQ:GRWG):

GRWG Chart.

Immunovant Inc (NASDAQ:IMVT):

IMVT Chart.

Cloudflare Inc (NYSE:NET):

NET Chart.

Rent the Runway Inc (NASDAQ:RENT):

RENT Chart.

Sweetgreen Inc (NYSE:SG):

SG Chart.

YETI Holdings Inc (NYSE:YETI):

YETI Chart.

And just to play devil’s advocate for a moment, I would close by pointing out that other poorly-performing stocks have exhibited the ability to lure people in at pretty much the worst time. Take a look at this lifetime history of Nikola Corp (NASDAQ:NKLA), taking special note of the price’s relationship to its slowest moving average.

NKLA Chart.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.