2 Resilient Growth Stocks to Buy During the Current Market Sell-Off
Pessimism seems to be the prevailing theme in the current market. Yes, the S&P 500 index hit bear market territory last week, down by over 20% from its all-time high. Watching the red color all over the portfolio can be very unsettling, but what gets lost in such moments -- often clouded by media-driven fear and anxiety -- is the fact that bull and bear markets are natural progressions over time. In the history of the U.S. stock market, every bear market has been followed by a bull market. So if history is any indication, the current downturn too shall pass.
For savvy investors with long-term time horizons, bear markets in fact present excellent opportunities to invest in resilient businesses at bargain prices. Two such businesses worth investors' attention at this time are Lululemon (NASDAQ: LULU) and Accenture (NYSE: ACN). Let's look into why these two companies could make a great addition to your portfolio.
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Source Fool.com
