2 Unstoppable Growth Stocks to Buy if There's a Stock Market Sell-Off
Going back to its beginnings in the 1920s, the S 500 index has delivered an average annual return of 9.8%. At that rate of return, an investment would nearly double every seven years. While that 9.8% figure marks the average, there have been years with better performance (2023 being one example) and there have been a lot of market sell-offs along the way (remember 2022?). Still, the market has shown it is unstoppable over the long term.
When it comes to individual companies, the same can hold true. What makes a company truly unstoppable is whether it has the financial fortitude and competitive products to keep growing over the long term. This is ultimately what allows its stock to rebound after a big drop and reach new highs.
(NASDAQ: GOOG) (NASDAQ: GOOGL) and Adobe (NASDAQ: ADBE) are two growth stocks that have proven to be unstoppable. Even in a market sell-off, I wouldn't hesitate to buy on the dip because I know they will recover and grow even bigger. Let's find out why these two companies are great long-term investments.
Source Fool.com
Alphabet Inc. A Stock
With 92 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 177 € there is a slightly positive potential of 13.0% for Alphabet Inc. A compared to the current price of 156.64 €.
