2 Growth Stocks Down Over 38% to Buy Right Now

Buying shares of the right growth stocks can help set you up for a happy retirement. Sometimes you get the chance to buy shares at discounts, which can be to your advantage. Here are two growth stocks that have stumbled but are still on track to deliver excellent returns for long-term investors.Shares of Alibaba (NYSE: BABA) have surged year to date but are still down 58% from their previous highs. A slow economic recovery and increasing competition in China's e-commerce market have weighed on the company's growth.The stock trades at just 15 times this year's consensus earnings estimate. This is a bargain for a company that has delivered tremendous growth over the last decade and remains the dominant e-commerce and cloud computing provider in China.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool