1 Growth Stock to Buy and Hold in a Market Downturn

Growth stocks typically lead the way during bull markets or periods of market recovery. We have seen this play out over the years, as recently as this year when surging technology stocks led the rally. But it is harder to find growth stocks that beat the market when it takes a downturn.

While no two markets are the same, investors can use the most recent bear market of 2022 as a guide in searching out which growth stocks might be best equipped to beat the market in a downturn. That's not to say another correction or bear market is imminent -- even the Wall Street experts and analysts usually get that wrong -- but if history tells us anything, it's that corrections happen, often when you don't expect them.

So, the best strategy is to build a diversified, long-term, all-weather portfolio that includes growth stocks that perform well when the broader markets do not. One great option is (NYSE: V). 

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Source Fool.com