Buying growth stocks and holding them for a long time can help investors achieve market-beating returns, though there will be bouts of volatility along the way. After all, growth stocks represent companies capable of growing at a faster pace than the industry in which they operate, so investors can decide to book profits when they become cautious. The same has been the case with Sandisk (NASDAQ:SNDK) . Shares of the memory specialist have surged by an incredible 827% over the past year. However, the semiconductor stock has pulled back 44% from the 52-week high it reached on June 22.
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