Hotter-than-expected inflation data quashed investors’ hope and brought a fresh bout of market volatility. However, amid strong retail sales and resilient job growth, experts anticipate a possibility of a “soft-landing” scenario. Amid such an improving market environment, let us explore some growth stocks, Box, Inc. (BOX) and Extreme Networks, Inc. (EXTR) now.
Aggressive interest rate hikes by the Fed to tame stubbornly high inflation affected growth stocks the previous year. The S&P 500 Growth index, a basket of stocks exhibiting growth in sales, earnings to price, and momentum, fell by 30.1% in 2022.
