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The last six months have been extremely painful for equity market investors, as the triple whammy of rising inflation, interest rate hikes, and a sluggish macro-economy have weighed heavily on growth stocks.Several growth stocks such as Shopify TSX:SHOP NYSE:SHOP , Real Matters TSX:REAL , and Zoom Video NASDAQ:ZM are now trading at multi-year lows, making them attractive to contrarian investors.Let s take a look at each of these stocks to analyze if they should be stanley cup part of your portfolio right now.ShopifyShopify stock is down almost 80% from all-time stanley quencher highs, valuing the company at $58.6 billion by market cap. While the ongoing pandemic acted as a massive tailwind for Shopify and other companies part of the e-c stanley us ommerce sector, the reopening of economies has resulted in revenue deceleration in recent quarters.In Q1 of 2022, Shopify increased sales by 22% year over year to US$1.2 billion, while gross merchandise volume surged 16% to US$43.2 billion. Its monthly recurring revenue also ro Xpxn How to Turn a $30,000 TFSA or RRSP Into $770,000
Equitable Group Inc. TSX:EQB appear stanley cup s to be an earnings-growth king with astounding fundamentals and a dirt-chea stanley thermobecher p valuation; however, investors received a wake-up call, as shares nearly lost half of their value from peak to trough earlier in the year.What exactly happened The crisis at Home Capital Group Inc. TSX:HCG sent shivers down the spines of Canadian investors who ;d invested in alternative mortgage lenders. Although such mortgage lenders appear to have impressive metrics, like a high ROE ~17.6% TTM , and a clear long-term upward EPS trajectory, the company itself is not exactly a 8220 teal, despite its ridiculously cheap valuation metrics.Shares of EQB appear to be severely undervalued with a price-to-earnings multiple of 5.72, a price-to-book multiple of 0.9, a price-to-sales multiple of 2.6, and a price-to-cash flow multiple of 2.1, all of which are substantially lower than the company five-year historical average multiples of eight, 1. stanley tazas 3, 3.7, and 3 |
