While the S&P 500 has recouped most of its losses since entering a bear market in June 2022, the economy still faces significant challenges in the form of inflation, record increases in interest rates, and now possibly even deflation. Combining these factors means we are far from being out of the reach of another bear market, but there is a silver lining.

Economic downturns can dampen growth prospects in the near term, but they create valuable opportunities for investors with time on their side to grab stocks with long-term potential at discounted prices. Based on the stock market's current position and if things should take a turn for the worse, there are three growth stocks investors should consider snagging to bolster their portfolios.

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Source Fool.com