Here Are A Few Younger Stock Long Suggestions
Tim Knight | Mar 29, 2022 12:36PM ET
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):
Datadog Inc (NASDAQ:DDOG):
xxx:
Canoo Inc (NASDAQ:GOEV):
GrowGeneration Corp (NASDAQ:GRWG):
Immunovant Inc (NASDAQ:IMVT):
Cloudflare Inc (NYSE:NET):
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Rent the Runway Inc (NASDAQ:RENT):
Sweetgreen Inc (NYSE:SG):
YETI Holdings Inc (NYSE:YETI):
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.
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