Why Famous Growth Stocks Aren’t Always Inaccessible to Common Traders

1. Why Famous Growth Stocks Aren’t Always Inaccessible to Common Traders The stock market sometimes presents great opportunities for growth. Identifying these could help you become a successful trader. www.tradezero.co +1-954-944-3885

2. Sometimes you could have great stocks available for unbelievably low prices due to various factors. Opportunities such as these, like commission free stock trading, can help you maximize your earnings. Growth Stocks Currently Trading Low We have some growth stocks that managed to grab the headlines in the pandemic-infested 2020, but are now down by around 49% to 57% from the recent highs they set: Chinese e-commerce company Alibaba Group ($BABA) was one of these, having dropped 49% since it soared 13 months back. Zoom Video Communications ($ZM) dropped 57% since its peak 13 months back. Pinterest ($PINS) dropped 49% since its peak in February. Alibaba’s Shopping Day Revenue Growth Lower than Expected Motley Fool analyst Rick Munnariz believes that things are different for Alibaba this year from 2020. Alibaba has created the Singles’ Day annual shopping holiday on November 11. Not only has Alibaba benefited from massive sales on its much promoted holiday, but smaller Chinese online retailers have also seen a shoot up in sales. This year’s Singles’ Day was a culmination of record performance all through November, with gross merchandise volume (GMV) hitting $84.5 billion. While that was a record, the growth from the previous year was just 8.5%, significantly lower than Citi analysts’ prediction of 15% and far lower than the massive 26% growth the company experienced from 2019 to 2020’s Singles’ Day. Following the sales growth on November 11, Alibaba shares rose by 2.4%. Zoom Slowing as Things Return to Normalcy after the Pandemic Zoom soared during the height of the Covid-19 pandemic in 2020 when work meetings, conferences and classes were all conducted online. However, with things returning to normalcy in the second half of 2021, Zoom hasn’t managed to attain that level of growth. The company is still growing though, and it reported 54% growth in revenue for its latest quarter. Video conferences continue to be held in corporate circles as well as family settings, and the convenience of virtual communication is likely to keep its popularity for the future. However, Munnariz reckons the company won’t be returning to the top-line growth in triple digits that it reported in each of its five past quarters. Failed Pinterest Purchase by PayPal Sends the Former’s Stock Down A popular social network in terms of useful content and knowledge dissemination, Pinterest has astonishingly reported consecutive sequential declines in the number of active users. PayPal Holdings was reported to be negotiating a purchase of Pinterest at $70 per share. That would have been a boost for the stock. The deal fell through though, sending the stock sharply down. It would currently need an appreciation of 53% to get to a value of $70. www.tradezero.co +1-954-944-3885

3. The company is still growing its revenue, primarily because advertisers still love the marketing opportunities it offers, including the lucrative and tasteful Pinterest audience. It is important to look out for profit earning opportunities whenever they arise. With advanced direct market access brokers helping you out, you can trade easier. www.tradezero.co +1-954-944-3885