12 Cheap Small Cap / Growth Stocks to Buy in a Market Correction
Kurtis Hemmerling submits:
The market (as tracked by the S&P 500) has soundly retreated from the 1300 level. The high volume plunge could easily mean some more water treading until enough steam is built to make a consolidated breakthrough. Does this mean we simply sit on our hands and do nothing until then? Hardly.
First, we want to scan for some fundamentally strong growth stocks. We will pick from small firms with a close eye on fundamentals. We will pick exclusively from the S&P SmallCap 600/Citigroup Growth Index. No doubt, these stocks will fall fairly hard with the market. But watch these stocks to pick up as the market consolidates – these could be the next portfolio winners.
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