Growth stocks have suffered the steepest declines in the recent stock market sell-off. Right now, sky-high inflation, rising interest rates, and fears of a recession have formed the perfect recipe for disaster for growth stocks. Such market downturns, however, are also the best times to buy top-notch growth stocks while they're still languishing.
This year has served as a not-so-pleasant reminder that stocks don't move up in a straight line -- even if last year made the investment community believe that's what happened. A combination of historically high inflation, an incredibly hawkish Federal Reserve, and back-to-back quarters of gross domestic product declines has sent all three major U.S. indexes plunging into a bear market. While bear markets can be scary and produce some jaw-dropping volatility, they're also known for creating once-in-a-generation buying opportunities for long-term investors.
NIO started deliveries of ET5 in late September 2022 NIO delivered 10,878 vehicles in September 2022 NIO delivered 31,607 vehicles in the three months ended September 2022, increasing by 29.3% year-over-year and achieving record-high quarterly deliveries Cumulative deliveries of NIO vehicles reached 249,504 as of September 30, 2022 SHANGHAI, China, Oct. 01, 2022 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium