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2 Growth Stocks Down 42% or More to Buy and Hold Forever

TheMotleyFool

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2 Growth Stocks Down 42% or More to Buy and Hold Forever: https://g.foolcdn.com/editorial/images/709039/person-shopping-using-a-smaprtphone.jpg

The most recent inflation data wasn't as bad as what we have seen in the past year. The news lifted the broader market, and many major companies benefited. Among them were Amazon (NASDAQ: AMZN) and PayPal (NASDAQ: PYPL). Both companies saw their shares jump by double-digit percentages on Nov. 10 on the heels of the latest inflation news.

Still, Amazon and PayPal remain down massively in the past year. And at current levels, investors should strongly consider buying and forgetting shares of both tech giants. Let me explain.