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1 Growth Stock Down 45% That Could Rebound in 2023

1 Growth Stock Down 45% That Could Rebound in 2023

Right now, it's a good idea to look for companies that did not escape last year's bloodbath but have a chance to rebound in 2023 -- and deliver market-beating returns over the long run. One tech company that fits the bill is e-commerce specialist Shopify (NYSE: SHOP). Last year, Shopify's revenue growth rates declined while the company's operating and net losses worsened compared to the early days of the pandemic.