How to Handle Growth-Stock Selloffs
They are killing the high-multiple stocks. They are slaughtering Chipotle Mexican Grill (CMG) off that Credit Suisse downgrade. They are crushing Netflix (NFLX) off that slower-than-expected domestic growth. They've come for Herbalife (HLF), for Ralph Lauren (RL) and for F5 Networks (FFIV) and Salesforce.com (CRM). Look at that swoon in lululemon athletica (LULU) and Under Armour (UA).
Some say this is because people want to clear the decks to buy Facebook. Others are saying it is in sympathy with Apple (AAPL) and Coach (COH)....389 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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