After a rough 2022, where the bear market destroyed the valuation of many growth stocks, there's been a bit of a reversal to start this year. Many stocks that took a beating last year are already up more than 30% in 2023, including Tesla (NASDAQ: TSLA), Shopify (NYSE: SHOP), and Exact Sciences (NASDAQ: EXAS). Here's a closer look at why investors have been bullish on these stocks of late, and whether their shares can continue to go higher.
The e-commerce outfit introduced an enterprise retail platform and raised prices on all three of its plans.
BIDU vs. SHOP: Which Stock Is the Better Value Option?