2 Nasdaq-100 Growth Stocks to Buy and Hold Forever in a Bear Market
The Nasdaq Composite has rallied more than 11% over the last month, but the tech-heavy index is still in bear market territory, trading 21% below its all-time high. That downturn was sparked by high inflation and rising interest rates, and growth-focused portfolios have been hit particularly. But there is a bit of good news mixed in with the bad.
Over the past year, many high-caliber businesses have seen their share prices plunge simply because some investors have lost their appetite for growth stocks in the current macroeconomic environment. And that creates a buying opportunity for patient stock pickers.
As investors calculate their best path through this bear market, here are two Nasdaq-100 growth stocks they might want to consider buying now and holding forever.
Source Fool.com