2 Growth Stocks to Buy Hand Over Fist in 2023
The start of a new year is an excellent time to add to your portfolio, with plenty of opportunities for growth ahead. A sell-off in 2022 has put numerous stocks on sale this January, including growth stocks that will likely provide significant gains over the long term.
For example, Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) have watched their stocks tumble over the last year. However, these companies have continued to report revenue growth despite a poor economic climate.
As investing star Warren Buffett has said, "If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes." Holding strong growth stocks for the long term can safeguard your portfolio from macroeconomic declines, as has been the case in the last year. Microsoft has retained 151% growth in its shares since 2018, while Alphabet has grown 57% in the same period, even with a recent sell-off.
Source Fool.com
