A Bull Market Is Coming: 1 Incredible Growth Stock to Buy Hand Over Fist Before It Soars 130%, According to Wall Street
There's no question that the simplest way to generate long-term wealth is by investing in the best companies you can find and holding them for years, if not decades. That said, the past 18 months have tested the mettle of even the most seasoned investor. The worst may be behind us, however, as the Nasdaq-100 has recently been trading more than 20% from its bottom -- which has some market commentators calling it the beginning of the new bull market.
They might be right. A check of the Nasdaq-100's record, dating back to its debut in 1986, shows that only once has the index suffered back-to-back down years -- during the dot-com bubble that burst in 2000. What's more, in the first positive year following a downturn, the market tends to rebound, averaging gains of nearly 56% -- and a recovery may already be upon us.
The likelihood that we're in the early days of a bull market has investors on the lookout for beaten-down growth stocks on the verge of recovery. Analysts, for their part, are remarkably bullish about the potential of one former highflier. In fact, if Wall Street is right, this stock is set to soar 130% during the coming year.
Source Fool.com
