Using a simple screen inside of The PPT, I searched for companies growing revenues by 15%+ that have “enjoyed” share declines of 10% or more over the past week.
One of the aforementioned names is DDD, a top 5 position of mine. Why the stock is dropping like a stone is anyone’s guess. However, it’s important to remember that high growth, evolutionary, stocks–like DDD–always jar investors with volatility before the earnings outlook is solidified amongst investors. Once that happens, the stock will take off and never look back.
AAPL, MLNX, CMG, ISRG come to mind.