3 Top Growth Stocks to Buy in March
The last week of February 2020 was a bloodbath for stocks. Even the highest of growth companies around weren't spared as fear of pandemic gripped investors around the globe. As painful as the historic coronavirus-fueled stock market retreat was (it was one of the fastest market corrections on record), the sharp move down was expected and healthy for stock valuations.
That's because pullbacks of at least 10% happen every year-and-a-half or so, and after the nearly 30% rally in U.S. stocks in 2019, a cool-down was due. Plus, many growth stocks that were beginning to look overheated are now trading for much more reasonable valuations and look set to rally from here on out.
Three of the growth companies I purchased during last week's stock market rout, and plan to buy more of in March, are Twilio (NYSE: TWLO), NVIDIA (NASDAQ: NVDA), and Broadcom (NASDAQ: AVGO). Here's a bit more about why these three stocks are worth buying in March.