4 Growth Stocks You Can Safely Hold Through 2030
It's a debate nearly as old as the stock market itself: Growth versus value.
A 2016 analysis by Bank of America/Merrill Lynch gives the nod to value stocks, although both types of stocks have performed exceptionally well. Between 1926 and 2015, BofA found that value stocks outperformed growth stocks on an annual average basis (17% vs. 12.6%).
However, growth stocks have wildly outperformed value stocks since the Great Recession. This is likely in part due to historically low lending rates fueling borrowing, hiring, acquisitions, and innovation. With interest rates likely to remain well below their historical average throughout the 2020s, growth stocks could be a smart place to park your money over the next decade.
Source Fool.com
