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Stocks are risky investments because they are constantly under pressure. Economic conditions, geopolitical events, natural disasters, and investor sentiment contribute to market volatility. The chances of making or losing money are equal, and the decision to invest depends on an individual’s appetite for risk.
However, some investors would take their chances on riskier stocks like Ballard Power Systems (TSX:BLDP) and Lithium Americas (TSX:LAC). Both stocks have underperformed thus far in 2024 but could pay off big time in the future.
Numerous growth catalysts
Ballard Power Systems trade at a discount if you’re investing today. At $3.76 per share, the year-to-date loss is 23.42%. The $1.1 billion company develops, manufactures, and sells proton exchange membrane (PEM) fuel cell products for power product markets, material handling, portable power, and backup power.
Growth investors are familiar with…
