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Stock impact report

1 Growth Stock Down 17% in 2024 to Buy Right Now [Yahoo! Finance]

Wayfair Inc. Class A (W) 
Last wayfair inc. class a earnings: 2/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.wayfair.com
Company Research Source: Yahoo! Finance
Growth stocks , in particular, have had a good run. The S&P 500 Growth Index has gained 40.4% this year (through Dec. 16). That's more than 28 percentage points higher than the S&P 500 Value Index 's 11.9%. Wayfair (NYSE: W) performed well during the early days of the pandemic with high revenue growth. The company rewarded shareholders with outsized gains. But times have been challenging more recently, and the stock has dropped more than 17% this year. However, while it's challenging to go against the market, those willing to bear the risk seem likely to bear the rewards. Wayfair is a stock that has a big potential upside. Image source: Getty Images. Wayfair's business is economically sensitive Wayfair sells a range of home goods online at different price points. During the early days of the pandemic, when many people were stuck at home, they flocked to online ordering. Wayfair's 2020 revenue grew 55% to $14.1 billion. It also turned in a profit under U.S. generally accepted Show less Read more
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