Most of the time, Wall Street gets it right. That is to say, the market usually knows what's important to know about a company, and appropriately reflects this information in that stock's price. These values, of course, can and do change every day.
However, these changes mostly reflect new information or new perceptions regarding a stock's risks. Every now and then, though, Wall Street -- analysts and investors alike -- can miss the mark. More to the point, "the Street" doesn't fully see a company's potential and therefore undervalues that company's shares.
This creates opportunities for astute investors that see the bigger picture. With that as the backdrop, here's a closer look at three great growth stocks that Wall Street might be sleeping on, but I'm not. 1.
Roblox It hasn't been an easy past few weeks for Roblox ( RBLX 1.71% ) shareholders. The stock tumbled early last month, mostly in response to disappointing guidance for the fiscal quarter now underway.
Namely, the video gaming platform's expectation for second-quarter bookings of between $870 million and $900 million was below estimates; the company also lowered its full-year guidance. Thanks to that single day's sell-off, the stock is now down 27% from February's high. That's despite the slight rebound since the post-earnings pullback.
Investors are worried about what looks like a slowdown stemming from economic weakness. However, this doubt misses a couple of important realities regarding Roblox. First, although th.
