3 Stocks That Could Soar When the Next Bull Market Starts
The bear market of 2022 has hit growth stocks especially hard. Major indexes like the S&P 500 (currently down about 18% from all-time highs in late December 2021) are masking some serious pain. Some tech stocks are down 50% or more.
Some of these businesses may never recover, but others are high-quality outfits that have been tossed out for no real good reason. Buying now could pave the way to incredible investment returns once this bear market gives way to the next bull. Three Fool.com contributors think Amazon (NASDAQ: AMZN), AMD (NASDAQ: AMD), and Sea Limited (NYSE: SE) are stocks that could soar once the clouds begin to clear. Here's why.
Anders Bylund (Amazon): E-commerce and cloud computing titan Amazon soared in the early days of the COVID-19 pandemic, but the stock ran into a brick wall in 2022. Amazon shares are trading more than 30% below their 52-week highs, roughly double the correction seen in the S&P 500 market index.
Source Fool.com
