4 Growth Stocks That Have My Attention During This Downturn

By Jose Najarro – Dec 13, 2022 at 6:06AM

NYSE: SHOP

Shopify

Market Cap

$77B

Today's Change

(-0.20%) -$0.12

Current Price

$59.58

Price as of June 4, 2024, 9:33 a.m. ET

These stocks can see substantial revenue grow dramatically when advertising spending picks back up.

Today's video focuses on Shopify (SHOP -0.20%), Unity Software (U -0.61%), Alphabet (GOOGL -0.33%) (GOOG -0.23%), Invesco PHLX Semiconductor ETF (SOXQ 0.84%), and some reasons to be bullish during this market downturn. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Dec. 12, 2022. The video was published on Dec. 12, 2022.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Alphabet, Invesco Exchange-Traded Fund Trust II-Invesco Phlx Semiconductor ETF, Shopify, and Unity Software. The Motley Fool has positions in and recommends Alphabet, Shopify, and Unity Software. The Motley Fool recommends the following options: long January 2023 $1,140 calls on Shopify and short January 2023 $1,160 calls on Shopify. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.