Press Release

7 Growth Stock to Buy the Dip

Alphabet (GOOG): Alphabet plans to add many projects to maintain its long-term growth power.

QuantumScape (QS): The pioneering of solid-state batteries was risky, and in the long run, everything is going well so far.

Apple (AAPL): Apple remains one of the best stocks to own.

Unity Software (U): The market has forgotten that Unity is the heart of the gaming and metaverse.

ChargePoint (CHPT): ChargePoint’s stock is poised for a “comeback” due to its strong performance.

U.S. Steel (X): A long-term investment in U.S. infrastructure development.

WiMi Hologram Cloud (WIMI): Looked to be well positioned to thrive as the metaverse expands.

Short-term investing inherently carries greater risk. As we all know, it is very difficult to pick out top-performing stocks in the short term. This is perhaps even clearer in the current market environment. That said, there is no shortage of media pundits claiming that the U.S. stock market has bottomed, and while they have the credentials, experience, or history of judging past market bottoms, their guesses are still just that: guesses. A better strategy is to find long-term stocks and buy them on the low side.

This strategy is more likely to provide reliable returns because it relies on a common concept: the rising tide lifts all boats. Given that we are in a bear market, buying low is almost certain to be followed by a rise. So maybe it just takes being patient enough and being willing to invest in stocks of companies that are likely to grow over time.


Investors will have to consider Alphabet stock when they intend to make a long-term investment. If you’re thinking, “Hey, Google has been growing for years, why should I invest in it now?” There’s a misconception here, and many times investors tend to only consider the components of Alphabet’s current products (Google Search, YouTube, Google Suite, Android, and Chrome) that have driven Google’s stock price up significantly in the past.

The point to consider here is that a company’s growth wants more and depends on its future rather than its past. In other words, Alphabet can’t continue to squeeze massive returns out of these past businesses indefinitely. But that ignores the point about Alphabet: The company is structured in such a way that it will remain important for a long time, and some future products, including Waymo, Calico, Verily, and others, could make Alphabet a big winner.

So if Alphabet’s 23% annual returns over the last 10 years are not sustainable over the next 10 years, the company’s management will try to rotate to the next cash cow.


QuantumScape (NYSE: QS) shares have continued to fall throughout 2022. So far this year, shares have fallen by more than 50%. Combine these facts with the idea that QuantumScape is trying to be the first to commercialize solid-state batteries, plus the fact that the company’s commercialization plans won’t come to fruition until at least 2024, and the risk to QS stock becomes apparent.

This may cause investors to question the value of their investment. However, consider that QuantumScape continues to achieve milestone after milestone in its quest to develop batteries for electric vehicles. Most recently, the results of its 16-layer battery are evidence that the company is slowly on the road to success. The battery showed better characteristics than the company’s 10-layer battery and proved to be reliable over more than 500 charging cycles.

QuantumScape admits that it still has a long way to go before commercialization, but it appears to be successfully iterating toward such a future.


Shares of Apple (NASDAQ: AAPL) are among the strongest long-term performers in recent years. That’s one of the main reasons why investors continue to flock to the stock even as tech stocks have been in the doldrums this year. The data shows that Apple has returned a very strong 23% annually over the past 10 years.

And, there is little reason to believe that this feast is coming to an end. Over the past three months, Apple’s earnings estimates have been trending slightly lower, from $1.37 to $1.32 for U.S. shares. And there are already rumors that the second quarter won’t be as strong as previous quarters.

However, based on broad fundamentals, there is plenty of room for AAPL stock to continue to grow, and that’s what investors should focus on. It’s not the short-term catalysts that attract investors’ attention in media news that matter, it’s the long-term catalysts that matter more.

Unity Software

A brief description of Unity Software (NYSE: U) is that it provides software to create 2D and 3D game content that ranges from mobile games to augmented reality and virtual reality devices.

Those last few words provide a clue as to why it has lost more than 50% of its value so far this year: The metaverse high has cooled off as the economic environment continues to deteriorate, or at least that’s the general feeling across the market at the moment.

But a report released in June by McKinsey & Co. has a different story. The renowned consulting firm estimates that the metaverse could be worth $5 trillion by 2030. While the market has been affected by Meta Platforms (NASDAQ: Meta)’s declining revenue and other issues that have affected the entire metaverse concept, though the market has only cooled off temporarily, the future trend is still clear: the metaverse is here to stay.

That means Unity Software will soon be a popular market favorite again, and with the company, which accounts for 50% of game production, continuing to be highly influential, it will be an integral part of the metaverse’s rapid growth and perhaps a better buy with this year’s decline.

United States Steel Corporation

At some point this year, the U.S. will have to address its faltering infrastructure. When that happens, U.S. Steel (NYSE:X) stock will soar. And that may have already started, as U.S. Steel recently provided record second-quarter guidance.

The company’s diverse customer base now means it is benefiting from energy market customers. The company expects an EBITDA of $1.6 billion and earnings per share of $3.85. This is well above Wall Street’s previous forecast of $3.26 in earnings per share. As a result, in the short term, U.S. Steel’s stock looks to be in a favorable position.

In the long term, the market’s focus will shift to steel demand as the U.S. infrastructure is rebuilt, so U.S. Steel is a good pick in both the short and long term.


ChargePoint Holdings (NYSE: CHPT) stock is down about 30% this year, but that’s not because the company is doing poorly; quite the contrary, the company is doing as well as anyone could hope.

The electric vehicle charging and infrastructure company’s most recent earnings report showed revenue of $81.6 million. That’s well above the average of $75.7 million that Wall Street expected. And the figure is well above the top-of-the-range guidance given by management – $77 million. So it’s fair to say it performed better than anyone could have hoped for.

However, as inflation has increased and the Federal Reserve has raised interest rates in response, growth stocks have fallen out of favor. As a result, ChargePoint reported a net loss of $89.26 million in the first quarter, and the phenomenon of increasing losses like this in exchange for higher income is not popular in the current market.

But it’s all temporary, until the end of the market’s tightening cycle, growth stocks will eventually be back in favor, and patient investors will wait until CHPT stock rises as the leading electric vehicle charging company in the U.S.

WiMi Hologram Cloud

Shares of WiMi Hologram Cloud (NASDAQ: WIMI), which is focused on computer vision holographic cloud services, are down nearly 40% so far this year as the company focuses on the next generation of underlying holographic AR technology exploration for the metaverse. In the past two years, WiMi has released a number of metaverse VR/AR/XR products, laying the foundation for the metaverse hardware market, and in doing so, it has also accumulated various core capabilities in metaverse technologies, including AI computing, digital twin, simulation, AI vision, etc., further expanding its market reach through a metaverse.

The current share price correction for WiMi is excessive, with the stock trading at a price-to-sales ratio of just 1.16x at current prices, a significant discount to other metaverse stocks, such as Roblox (NYSE: RBLX) with a price-to-sales ratio of 12 and Vuzix (NASDAQ: VUZI) with a price-to-sales ratio of 41. Given the company’s good fundamentals and growth plans, it is expected to generate positive returns going forward.

In the long term, WiMi is expected to boom in the coming years as the meta-universe expands, and the market is likely to seize the opportunity. Currently, WiMi is a company that is being revalued. For long-term investors, this could be a good thing, especially for those looking to increase their long positions.

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