2 Hot Growth Stocks to Buy and Hold

While growth stocks performed splendidly in the past decade, recent developments -- particularly impending interest rates hikes in the U.S. -- have led to a bit of a market exodus from growth-oriented companies. For many growth stocks, elevated valuation was also an issue that has played a role in the recent downturn.

While investors shouldn't ignore these headwinds, there remain plenty of great companies that are likely to make it out of this volatile period with their investment theses intact. Let's look at two excellent growth stocks that are worth buying now and holding on to: Snap (NYSE: SNAP) and Adyen (OTC: ADYE.Y). 

Continue reading

Source Fool.com