2 No-Brainer Growth Stocks to Buy in 2024 and Hold for at Least Five Years
Growth stocks saw plenty of volatility in the past year as investors have shown renewed faith in the market, rewarding some businesses with great gains. But there are still plenty of great businesses out there whose stocks haven't seen enough love. With the emergence of a new bull market in 2024, investors may be looking for fresh opportunities for investing in promising stocks.
No stock is a guaranteed winner, and the history of a company doesn't always portend its future performance. Even great stocks go through turbulent periods, particularly those with general vulnerability to discretionary consumer spending and overall shifts in investor sentiment. Given time, quality companies with valuable use cases and a wide moat eventually rise and help build a solid, diversified portfolio.
Here are two intriguing businesses to consider in 2024 as potentially great buy-and-hold candidates.
Source Fool.com
