As the S&P 500 enters the correction territory, here are the growth existences that I am looking at

At the end of last week, the S&P 500 More than 10% of the maximums retired. Technically it means that it is in a correction, that some investors could see as a red flag. However, a drop of that magnitude presents opportunities, especially with growth actions. Here is part of my observation list that I have built during the weekend.

Potential in payments

PayPal (Nasdaq: Pypl) fell 12% in the last month. For a longer year, it has increased by 10%. The global digital payment platform generates income through multiple transmissions. Most come from transaction rates, charged to merchants when payments are made. He also earns money with foreign exchange, premium services and credit provisions.

I put the stock on my observation list because I think I could work well this year. CEO Alex Chriss has recently focused on improving profitability by reducing operating costs and improving ai promoted. I like this impulse to use a new technology, such as integrating fraud detection with ai and smart payment solutions. Ultimately, this should boost the deepest commitment to customers and make them more comfortable to spend more using PayPal.

A risk is the increasingly competitive payment sector. It is no longer enough to offer a good payment solution. Other companies are providing more accessories and improvements to attract customers. Paypal must focus on constantly innovating so as not to be left behind.

Active management support

Another company on my list is T Rowe Price Group (Nasdaq: Trop). The action has received a success of 14% in the last month and has dropped 19% in the last year. Last week he reached 52 -week fresh bass.

One reason for the fall is that investors have increasingly favored low -cost indices and the funds quoted in the stock market on funds actively administered as Towe Price offers. After all, given the performance of the last years of the S&P 500, some have decided to buy an index tracker.

However, I think this can change this year. The strong drop in the S&P 500 shows that an index tracker may not be the best movement during volatile times. Rather, this is the environment where the collection of active actions can really exceed. In addition, I hope that the United States Federal Reserve continues to reduce interest rates this year. With a lower base rate, more money should come out of cash and to the stock market. This could help increase assets under administration for T Rowe Price.

Of course, I have concerns with actions. With great uncertainty at this time around the rates, as well as continuous conflicts in Europe and the Middle East, investors could continue to take money from the T Rowe price and sit in cash. This would be negative for company income.

I have both growth actions on my observation list at this time. I will monitor how the S&P 500 works in the coming weeks. If the mass sale shows signs of ease, I would strongly consider buying these two for my wallet.