2 Red-Hot Growth Stocks to Buy in 2022 and Beyond

Plenty of growth stocks soared in 2020 and 2021, but many of those same stocks have seen a big reversal in 2022. The Nasdaq-100 index is down 26% year-to-date, with many growth stocks down 50% or more just through the first half of 2022. For short-term traders, this has been a time of worry and sell-offs. But for long-term investors, it's been a great time to pick up stock in some strong companies while they trade on the cheap.

When searching for growth stocks to buy, you'll want to start by looking for companies that have huge industry tailwinds and large market opportunities to go after. Add in an experienced management team, and you just might have a recipe for sustained double-digit revenue growth over many years.

Let's take a closer look at two hot growth stocks that have the right ingredients for this recipe and see why they are a buy in 2022 and a great hold for a long time.

Source Fool.com