A Bull Market Is Coming: 2 Tech Stocks to Buy and Hold
In June, the S&P 500 closed 20% up from its most recent low, marking the start of a new bull market for many. But with fears of a coming recession mounting, the index hasn't performed particularly well since. Whether or not that was the start of a sustained bull run, investors can rest assured that the market will eventually experience one, especially after the downturn in 2022.
And since bull markets tend to last longer than bear ones, it pays to prepare by buying shares of companies that can ride a bull run and deliver outsized returns. Here are two excellent candidates: Airbnb (NASDAQ: ABNB) and Pinterest (NYSE: PINS).
Airbnb helps facilitate the favorite activity of many people: traveling. The company runs a platform where people offering vacation rentals can connect with those seeking places to stay on the move. Airbnb also provides experiences through its platform.
Source Fool.com
