Got $2,000? Here Are 2 Beaten-Down Growth Stocks to Buy Right Now [The Motley Fool]
ChargePoint Holdings, Inc. (CHPT)
Company Research
Source: The Motley Fool
If an investment in a growth stock works out, you only need to allocate a small amount. If it doesn't, you would only want to have risked a small amount. If you're seeking growth, and have $,000 of investable cash looking for a home right now, beaten-down names shift the risk/reward more in your favor.Growth stocks are typically volatile, giving investors more chances to buy the dip without waiting for a general market downturn. Investors should look at these two names from different sectors that are significantly underperforming both the 00Nasdaq compositeImage source: Getty Images.Peloton: Riding in an ecosystemConnected home-fitness leaderPeloton Interactive(NASDAQ:PTONBut while sales continued to soar in 0, the share price hasn't followed. In the six months ended June 0, 0, Peloton's total revenue jumped 9.% compared to the same period in 00, while the stock is down 0% year to date. That comes as the overall market is having a strong year. Peloton trades on the Nasdaq composite in
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CHPT
News
- Chevron Launches $500 Million Fund to Invest in Clean Tech [Yahoo! Finance]Yahoo! Finance
- Chevron Launches $500 Million Fund to Invest in Clean Tech [BNN Bloomberg (Canada)]BNN Bloomberg
- WEX Streamlines Commercial EV Adoption with General Availability of At-Home and En Route Charging Products [Yahoo! Finance]Yahoo! Finance
- The JF Petroleum Group Acquires GE Goodson Service Company, Inc. [Yahoo! Finance]Yahoo! Finance
- Broken and unreliable EV chargers become a business opportunity for L.A.'s ChargerHelp [Los Angeles Times (CA)]Los Angeles Times
CHPT
Earnings
- 3/5/24 - Miss
CHPT
Sec Filings
- 4/1/24 - Form S-8
- 4/1/24 - Form 10-K
- 3/29/24 - Form 4
- CHPT's page on the SEC website