A Bull Market Is Coming: 2 Magnificent Growth Stocks I Just Doubled Down On
The stock market has been hit hard over the past year, and technology stocks overall were hit even harder. Difficult macroeconomic conditions -- including historically high inflation and rising interest rates -- weighed on investor sentiment, dragging most growth stocks to multiyear lows.
There's no way to know exactly when the current downturn will reverse, but history shows that every downturn has eventually ceded ground to a bull market. Most importantly, investors that back winning companies during a lull tend to be rewarded over the long run.
With that in mind, I went on a buying spree last week, stocking up on companies that I expect to prosper for years to come. In fact, there were two stocks I actually doubled down on. While they still represent a small part of my portfolio, I believe they could be big winners years from now.
Source Fool.com
