A Bull Market Is Coming: 2 Growth Stocks to Buy Before They Soar 47% and 48%, According to Wall Street

The S 500 is down 10% from its all-time high, putting the index on the brink of bull market territory, and history says it will close the gap eventually. The S 500 has suffered dozens of drawdowns over the years, but it has never failed to recoup its losses. That makes the present a good time to consider (NASDAQ: PYPL) and DigitalOcean (NYSE: DOCN).

Wall Street sees substantial upside for both of these fintech growth stocks. PayPal has a median 12-month price target of $85 per share, implying a 47% upside from its current price. And DigitalOcean has a median 12-month price target of $34 per share, implying a 48% upside from its current price. Of course, price targets are by no means a guarantee of future performance, but the optimism surrounding both companies warrants further consideration.

Here's what investors should know.

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Source Fool.com