2 Growth Stocks to Buy in a Bear Market

If you buy stocks in a bear market, you better prepare for some downside volatility, and you need to be sure the company will emerge from the economic slowdown in good shape. If investors can do the former, then I think the latter is covered by looking at stocks like Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and industrial software company PTC (NASDAQ: PTC). Here's why.

It might seem strange to describe a $1.5 trillion market cap company as a value play, but that's how it is with Alphabet. The company's dominating market position in online search and its breathtaking cash flow generation and resources make it a must-buy in a weak market. The chart below shows how Wall Street sees Alphabet's earnings before interest, taxes, depreciation, and amortization (EBITDA) at the end of 2022 and 2023, as well as trailing-12-month EBITDA. It implies mid-teens growth in earnings.

Source Fool.com