Down 21% in 6 months, I expect this FTSE 250 growth share to bounce back!

Date:

Image source: Getty Images

The FTSE 250 continues to fly as investor appetite for UK-focused shares picks up. At around 21,356 points, the London stock market index is now up 8% since the start of 2024.

Of course, there’s also been some big fallers in recent months. This includes some high-quality companies that — in my opinion — investors have been too hasty in selling off.

Such declines present an excellent investment opportunity for long-term investors like me however. By buying expertly-run businesses at today’s discounted prices, I stand to make stunning returns when (as I expect) they eventually bounce back.

Applying this strategy, here’s a great FTSE 250 share I expect to recover strongly over time and see it as worthy of further research.

Up, but still down

Shares in SSP Group (LSE:SSPG) have taken off in July following a sparkling set of trading numbers. However, over a six-month time horizon the business is still…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...