2 Top Tech Stocks to Buy for the Long Haul
Market corrections are a painful but inevitable part of the investing cycle. Yet, there's an upside to the pain. Every bear market has represented an opportunity for patient investors to scoop up great companies on the cheap.
Data shows they typically resolve quickly, and throughout history every notable downturn in the broader market has eventually been erased by a bull market rally. The Schwab Center for Financial Research says the average bear market since 1966 has lasted only about 15 months, while the typical bull market lasts roughly three years. Even better, from 1970 on, bull markets have tended to last more than six years on average. The last one went on for almost 11 years!
That's why smart investors don't despair when prices go down. They see that their favorite companies are now on sale, and they can buy them at lower prices. As we'll see, the two following supercharged stocks have the competitive edge necessary to help you buy low and sell high, making riches in the decades to come.
Source Fool.com