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2 Growth Stocks to Buy Before a Big Rally

·3 min read
2 Growth Stocks to Buy Before a Big Rally
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Growth stocks have taken a beating after the Federal Reserve announced in late 2021 that it would start raising interest rates. Rising rates are bad for growth stocks because future cash flows are discounted at higher rates. For instance, Roblox (NYSE: RBLX) and Chegg (NYSE: CHGG) are two solid companies down 75% and 84%, respectively, off their highs.