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1 High-Conviction Growth Stock Down More Than 50% to Buy Now

After quickly reaching all-time highs in early 2021 shortly after its IPO, shares of Airbnb (NASDAQ: ABNB) have struggled to hold on to any positive momentum. The business itself is doing quite well, though, as travelers around the globe make use of Airbnb's accommodations and experiences booking tool. Airbnb's big sell-off can be summed up pretty simply: It was way too expensive after its IPO.