3 Growth Stocks Down 50% to 69% to Buy Now

By Neil Rozenbaum – Jan 2, 2023 at 10:15AM

NASDAQ: TSLA

Tesla

Market Cap

$548B

Today's Change

(-1.57%) -$2.75

Current Price

$171.97

Price as of May 9, 2024, 4:00 p.m. ET

Sometimes you have to grab an opportunity with both hands.

In this video, I will be talking about the three growth stocks I added to my portfolio in December. Tesla (TSLA -1.57%) is down 69% year to date and has been underperforming lately because of the Twitter deal and Elon Musk's selling of Tesla stock. The other two are both down 50%.

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*Stock prices used were from the trading day of Dec. 30, 2022. The video was published on Jan. 1, 2023.

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Neil Rozenbaum has positions in Airbnb, Amazon.com, and Tesla. The Motley Fool has positions in and recommends Airbnb, Amazon.com, and Tesla. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.