2 Growth Stocks to Buy and Hold for the Next Decade
The market can be unpredictable in the near term, as investors were reminded in 2022. But the longer you participate, the more you begin to look at downturns as opportunities. No matter what is happening in the economy, the strongest companies will keep investing to expand their operations and to become more efficient at what they do. As businesses grow in value, you can look to buy stocks at cheaper prices to maximize returns when the market eventually recovers.
Two stocks to consider buying right now are Amazon (NASDAQ: AMZN) and (NYSE: SHOP). These e-commerce leaders are posting solid growth, with momentum set to accelerate as e-commerce recovers from the sluggish growth last year.
Shares of Amazon are up 54% year to date but are still trading well off previous highs.
Source Fool.com
Shopify Inc Stock
We see a rather positive sentiment for Shopify Inc with 6 Buy predictions and 1 Sell predictions.
With a target price of 80 € there is a positive potential of 26.2% for Shopify Inc compared to the current price of 63.39 €.
