3 Growth Stocks to Buy in a Bear Market
Last year, a lengthy bear market highlighted the importance of investing in reliable growth stocks. Economic headwinds brought down the entire market but also created an excellent time to invest in stocks that don't often go on sale. Tech stocks were some of the most attractive options, given the sector's history of consistent growth over the long term.
Tech giants like Amazon (NASDAQ: AMZN), Advanced Micro Devices (NASDAQ: AMD), and Apple (NASDAQ: AAPL) watched their stocks plunge 50%, 55%, and 27%, respectively, throughout 2022. However, their promising long-term outlooks and past growth make them no-brainer buys amid a market downturn.
Let's take a closer look at these three growth stocks and see why they're good buys in a bear market.
Source Fool.com
Advanced Micro Devices Inc. Stock
The stock is one of the favorites of our community with 88 Buy predictions and 2 Sell predictions.
With a target price of 178 € there is a positive potential of 26.38% for Advanced Micro Devices Inc. compared to the current price of 140.84 €.
