2 Top Growth Stocks to Buy Before They Skyrocket
We face an uncertain economy with some Federal Reserve officials predicting a mild recession this year. That said, the bear market in 2022 may have already priced in many of these risks. Further, inflation continues to fall, and interest rates could eventually follow -- opening the door for future recovery.
Let's discuss why Amazon (NASDAQ: AMZN) and Global-E Online (NASDAQ: GLBE) could be great ways to bet on a rebound.
While Amazon has recovered some value in 2023, its shares are still down by a whopping 41% from an all-time high of $186 reached in mid-2021. Since then, the company has dealt with a post-pandemic slump in stay-at-home shopping and faced macroeconomic challenges like inflation. But aggressive cost-cutting and pivots to new opportunities like artificial intelligence (AI) could help the company exceed previous levels.
Source Fool.com
