3 Unstoppable Growth Stocks to Buy If There's a Stock Market Sell-Off
The stock market continues to keep investors on their toes, with the S&P 500 down roughly 19% year to date but up 6% over the past six months. As we approach the start of a new year, you're likely evaluating the state of your portfolio and considering what stocks you want to buy, hold, or add to.
While growth stocks have fallen out of favor with many investors over the past year, and there are undoubtedly growth-oriented companies that will not return to their former highs, some winners remain. Amazon (NASDAQ: AMZN), Shopify (NYSE: SHOP), and Veeva Systems (NYSE: VEEV) are three winners to consider adding to your portfolio before the year is out. If you're worried about another sell-off in 2023, each of these companies has what it takes to endure for the long run.
Amazon needs no introduction. The tech behemoth has remained a winner for investors throughout its fair share of market cycles, surviving the burst of the dot-com bubble and the Great Recession. It hasn't been all sunshine and rainbows for investors in the 25 years since Amazon became a publicly traded company. For example, at the height of the dot-com bubble crash two decades ago, Amazon shares shaved as much as 90% off their total value.
Source Fool.com
