There's no question that tech stocks have had a rough couple of weeks. Between mid-March and mid-April, the Nasdaq Composite Index fell just a shade under 10%. While that's painful enough for investors, some stocks took the hits to the chin harder than others.
While looking for deals in the area, Motley Fool contributor Brian Stoffel considered buying shares of Gogo, Inc. (NASDAQ:GOGO), the only pure play on Internet connectivity for airlines and their passengers. Shares of the company are trading a full 50% below their year-long highs.
While Brian concluded that Gogo represented a solid business with a stable future, he's not going to be buying shares anytime soon. To find out why, check out the video below.
Six stock picks poised for incredible growth
While Gogo might not have stratospheric growth in front of it, other companies do. Fool co-founder David Gardner has proved the ability to pick these winners time and time again. In fact, just recently one of his favorite stocks became a 100-bagger. And he's ready to do it again. You can uncover his scientific approach to crushing the market and his carefully chosen six picks for ultimate growth instantly, because he's making this premium report free for you today. Click here now for access.
Brian Stoffel has no position in any stocks mentioned,and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.