These 2 Growth Stocks Are Rapidly Approaching Profitability: Here's Why You Might Want to Buy Before They Do
Both of these companies anticipate reaching positive cash flow sooner than they expected.It wasn't too long ago that it was fully acceptable, and maybe even expected, for unprofitable growth stocks to command high valuations as long as they were growing. With access to as much cheap capital as needed, there wasn't much of a need to focus on efficiency.That's changed over the past couple of years as interest rates have risen and investor appetite for speculation has dwindled. So, we saw many growth companies ...