A Bull Market Is Coming: 2 Monster Growth Stocks to Buy Now and Hold Forever
High inflation and rising interest rates have dragged the stock market down this year. In the second quarter, the S&P 500 slipped into its seventh bear market in the last 50 years. Each of these events has varied in terms of duration and severity, but all but the latest one ended the exact same way: A bull market came along and sent the index soaring to new highs.
Right now, some investors are obsessing over the short-term fate of the economy and what a recession might mean for the stock market. But smart investors see the situation as an opportunity. Sharp downturns have historically been the best time to buy stocks, simply because bear markets have always been followed by bull markets. And there is no reason to believe this latest one will be any different.
With that in mind, Block (NYSE: SQ) and Datadog (NASDAQ: DDOG) look like smart long-term investments. Here's why.
Source Fool.com
