A Bull Market Is Coming: 1 Outstanding Growth Stock Down 36% to Buy and Hold
Since the beginning of 2022, innovative growth stocks from every corner of the economy have been under a lot of pressure. The growth-stock-heavy Nasdaq Composite index collapsed a terrifying 33.1% last year, and many of its components are still way below their former high water marks.
This turmoil has prevented most everyday investors from putting their money to work in the stock market, which is a mistake. Every bear market in history has been wiped away by subsequent recoveries.
The next bull market may have already started last October, or it might not start for another year. Either way, buying shares of great businesses now, while they're trading at depressed prices, gives you a very good chance to come out way ahead over the long run.
Source Fool.com
