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24.11.2024 10:25:00

1 Growth Stock Down 15% to Buy Right Now

There's never a bad time to buy a good stock. There are certainly better times than others, however, to jump into a new investment. The lower your entry price, the bigger your eventual return.With that as the backdrop, growth-minded investors may want to step into a new stake in Coca-Cola (NYSE: KO) while shares are trading down 15% from their early September high. This stock isn't discounted this much very often. Buy the dip while you still can.OK, Coca-Cola arguably stretches the limits of what qualifies as a growth stock; single-digit sales growth is the norm for the beverage giant. Investors keeping tabs on the company also know at least part of the reason for shares' recent setback is last quarter's slight dip in the volume of product sold. It's something the market seemed to predict before the official third-quarter results were released last month. As it turns out, a bunch of consumers are still cost-conscious.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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NOW Inc When Issued 14,30 1,42% NOW Inc When Issued