A Bull Market Is Coming: 2 Growth Stocks Down 15% and 30% to Buy Right Now
Stocks have been on the rebound so far in 2023, and some believe we are already in the early stages of a new bull market. While it's impossible to know for certain whether bullish momentum will continue in the near term, history shows that long-term investors can score big wins by backing strong companies and holding to capitalize on sustained rallies.
If you're looking for great growth stocks with powerful performance catalysts on the horizon, read on to see why these two companies could be great portfolio additions.
ASML (NASDAQ: ASML) is a leading provider of semiconductor manufacturing equipment. The company's lithography and extreme-ultraviolet (EUV) lithography machines are used by leading foundries to produce high-performance chips that are at the heart of the artificial intelligence (AI) revolution. For example, Nvidia's 5 nm chips are central to powering ChatGPT and other AI services and are made possible by ASML's EUV tech.
Source Fool.com