2 Growth Stocks to Buy in 2024 and Hold for at Least a Decade
The stock market has fluctuated greatly in recent years, highlighting the importance of dedicating a portion of your holdings to reliable long-term growth stocks.
Macroeconomic headwinds saw the S 500 index plunge 20% in 2022. Excitement over tech stocks and artificial intelligence (AI) prompted a recovery the following year, with the same index rising 24% in 2023. Meanwhile, the S 500 has popped 14% so far this year, and it is on track to at least equal last year's growth.
However, recent market uncertainty fueled by unforeseeable events like a global pandemic and a subsequent economic downturn suggests it's not a bad idea to fortify your portfolio with historically reliable investments. The tech market is an excellent place to start, known for its wealth of growth stocks that have boosted the Technology Sector by 370% over the last decade. For reference, the S 500 has risen 176% in that period.
Source Fool.com
