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2 Growth Stocks to Invest $500 in Right Now

Harsh Chauhan, The Motley Fool
·4 min read
2 Growth Stocks to Invest $500 in Right Now

Growth stocks are down in 2022 for a variety of reasons, ranging from continued pandemic-related supply chain issues to tough comparisons with a blistering 2021 to a hawkish Federal Reserve that's raising interest rates to control surging inflation to avoid a recession. This explains, in part, why shares of Fortinet (NASDAQ: FTNT) and Skyworks Solutions (NASDAQ: SWKS) have been battered in 2022 despite reporting impressive earnings. Fortinet's stock price is down 30.3% this year and shares of Skyworks have slipped 36%.

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