2 Explosive Growth Stocks to Buy Now and Hold
Growth stock investing has proven to be a profitable strategy since the Great Recession of 2007-09. But in a time when the market is regularly setting new highs, some growth stocks are losing momentum. Worries about rising inflation, supply chain difficulties, and labor shortages seem to be weighing down many of these stocks.
However, short-term volatility should not be a major concern for long-term investors, especially those picking stocks driven by solid secular tailwinds.
One such tailwind is the digital transformation of the global economy, especially as the ongoing pandemic begins to wane. According to MarketsandMarkets, the global digital transformation market size is expected to more than double from $469.8 billion in 2020 to over $1 trillion in 2025.
Source Fool.com
