A Bull Market Is Coming: 2 Top Growth Stocks Down 55% and 61% to Buy In 2023
The stock market got pummeled last year. In fact, the broad-based S&P 500 and the tech-heavy Nasdaq Composite produced their worst returns since the financial crisis in 2008, as economic uncertainty sent both indexes tumbling into a bear market.
But patient investors need not worry. The S&P 500 and the Nasdaq Composite have recovered from every past downturn, and there is no reason to think this one will be any different. Eventually, another bull market will come along, and both indexes will recoup their losses.
In the meantime, HubSpot (NYSE: HUBS) and Etsy (NASDAQ: ETSY) have seen their share prices fall 61% and 55%respectively from all-time highs, creating an attractive buying opportunity.
Source Fool.com
