Media and Entertainment
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Media and Entertainment
Source : (remove) : The Motley Fool
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Tue, December 10, 2024
[ Tue, Dec 10th 2024 ] - The Motley Fool
1 Growth Stock Down 97% to Buy Right Now

1 Growth Stock Down 97% to Buy Right Now


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Published in Media and Entertainment on by The Motley Fool   Print publication without navigation

fuboTV cautiously fits that bill right now, particularly given that it's on track to swing to a profit sometime in 2027, and that the analyst community's current consensus target of $2.38 is 40% above the stock's present price. If you can stomach the risk, that wouldn't be a bad spot to open a new position in this admittedly speculative ticker.

The article from The Motley Fool discusses the potential investment opportunity in a growth stock that has significantly declined in value. It highlights a company whose stock has fallen by 97% from its peak, suggesting that this drastic drop might present a buying opportunity for investors. The piece likely delves into the reasons behind the stock's decline, possibly due to market conditions, company-specific issues, or broader economic factors. It would also analyze the company's fundamentals, future growth prospects, and why the author believes it could be a good pick now. The article might mention the company's efforts to recover, any strategic changes, or new product developments that could drive future growth. However, without direct access to the article, this summary is based on typical content found in such investment advice pieces.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/10/1-growth-stock-down-97-to-buy-right-now/ ]

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