Investors are selling the stock, because they don't understand short-term pain comes before long-term gains.
In this Fool Live video clip, recorded on April 8, Fool.com contributors Matt Frankel, CFP, and Jason Hall, along with chief growth officer Anand Chokkavelu, discuss why they think these companies could still have so much room to grow and which one they think has the best chance at a 10-times performance. Anand Chokkavelu: Usually, I'd say, most likely to 10X for just about any stock.
A big surprise came on April 13 when online personal styling service Stitch Fix (NASDAQ: SFIX) announced that founder Katrina Lake will step down as CEO and move to the role of executive chairperson of the board. Current Stitch Fix president Elizabeth Spaulding is taking over from Lake and will lead the day-to-day operations at the company. This news came as a surprise to Stitch Fix investors since there were no indications that Lake would step down from the position she has held since starting the company in 2011.