A Bull Market Is Coming: 2 Top Growth Stocks to Buy Now and Hold Forever
Many investors faced unprecedented headwinds last year. Inflation hit its highest mark in 40 years, prompting the Federal Reserve to raise interest rates at their fastest pace since the early 1980s, and the economic uncertainty created by those events dragged the S&P 500 and the Nasdaq Composite into a bear market. The broad-based S&P 500 is still down 16%, and the tech-heavy Nasdaq Composite is still down 28%.
Fortunately, every past bear market has ended in a new bull market, and there is no reason to believe this one will be different. That means the next bull market is coming. In the meantime, shares of The Trade Desk (NASDAQ: TTD) and Shopify (NYSE: SHOP) are down 49% and 75%, respectively, from their highs and both stocks trade at reasonable valuations right now.
Investors shouldn't let that buying opportunity slip away.
Source Fool.com
