2 Unstoppable Growth Stocks to Buy Now and Hold
Growth stocks have been the star performers of the U.S. equity market for the past 12 years, driven by ultra-low interest rates and the availability of cheap capital. However, broader market indicators are suggesting these driving forces may be waning. In October 2021, the U.S. consumer price index (CPI, a metric used to gauge inflation) rose year over year by 6.2%, the highest surge since December 1990. In response to this rising inflation, the U.S. Federal Reserve is now hinting at reducing the pace of bond buying.
If monetary policy does tighten, only those growth stocks with solid fundamentals, improving financials, and strong competitive advantages stand a chance of maintaining attractive returns. Both fuboTV (NYSE: FUBO) and PubMatic (NASDAQ: PUBM) fulfill these criteria and the two stocks could prove to be attractive buy-and-hold picks for retail investors.
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Source Fool.com
