The Smartest Growth Stock to Buy With $20 Right Now

Technology stocks are having a forgettable year so far, thanks to macroeconomic factors such as the tariff-fueled market turmoil, a contraction in the U.S. economy in the first quarter of the year, and the rising risk of a recession on account of the global trade war.This explains why fast-growing companies have dropped substantially in 2025 despite reporting solid growth in recent quarters. Confluent (NASDAQ: CFLT) is one such stock that has dropped 30% this year, even though the cloud-based data streaming platform provider's growth has been impressive of late. Shares of the company received another blow following the release of its first-quarter results on April 30.Investors pressed the panic button, even though its numbers beat Wall Street expectations. The stock is now trading at just under $20 following its latest pullback. Let's see why that was the case, and why investors would do well to consider buying this growth stock hand over fist right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool