1 Growth Stock Down 20% to Buy Right Now

Last year, investors piled into growth stocks on optimism about lower interest rates ahead and an improving economy -- this, along with strength in artificial intelligence (AI) stocks, led the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite higher. But in the early months of 2025, concerns about President Trump's planned tariffs on imports weighed on appetite for growth stocks. Investors worried that import tariffs would lift prices of goods at home, and this would prove to be a headwind for consumers and corporate spending.All of that could result in slower growth, and that sort of environment isn't supportive of growth-oriented companies. This sent many growth stocks lower, including technology players that rely heavily on imports and consumer spending. Though indexes have since rebounded amid signs tariffs won't be as steep and far-reaching as initially announced, bargains on growth stocks remain. In fact, one top quality tech and consumer goods player is down nearly 20% right now and represents a screaming buy. Let's check it out.This particular stock has suffered in recent months as the president singled it out, even threatening to apply a tariff directly to the company. But, before turning your back on this stock, it's important to consider the full picture.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool