History Says the S&P 500 Is Headed Higher -- 2 Growth Stocks to Buy Now and Hold Forever
The S 500 (SNPINDEX: ^GSPC) is commonly viewed as a benchmark for the greater U.S. stock market. The broad-based index was introduced in March 1957, but its precursor was created in the late 1920s. Since then, it has returned an average of 0.7% in June, 1.7% in July, and 0.7% in August, according to data from research company Yardeni. In other words, history suggests the S 500 is headed higher over the next three months.
Of course, past performance is no guarantee of future results, and investors should shy away from short-term thinking. But even if those gains fail to materialize, the S 500 has produced a total return of about 10% annually over the long term. That means investors can assume the stock market might head higher in the future.
With that in mind, here's why (NASDAQ: GOOG) (NASDAQ: GOOGL) and Paycom Software (NYSE: PAYC) are two stocks worth buying now.
Source Fool.com
Alphabet Inc. A Aktie
Absolute Beliebtheit: Alphabet Inc. A hat nur Buy-Einschätzungen.
Das Kursziel von 177 € für Alphabet Inc. A impliziert eine deutliche Steigerung um über 20% gegenüber 146.28 €.
