A Bull Market Is Coming: 2 Top Growth Stocks to Buy in 2023 and Hold for Decades
Last year was exceptionally difficult for many investors. The S&P 500 and the Nasdaq Composite fell into bear market territory as high inflation and rising interest rates rattled the U.S. economy. In fact, both indexes fell more sharply in 2022 than in any year since the Great Recession in 2008.
Fortunately, there is a silver lining to that difficult situation. Every U.S. bear market in the past, regardless of its duration or severity, has ended in a bull market, and there is no reason to expect a different outcome this time. In the meantime, investors have an opportunity to buy great stocks like Cloudflare (NYSE: NET) and Microsoft (NASDAQ: MSFT) while they are still trading at discounted prices.
Cloudflare is becoming a cloud computing giant. It started as a simple content delivery network (CDN), but its portfolio now includes a broad array of application, network, and security services that protect and accelerate corporate infrastructure and software. Cloudflare also provides compute and storage services through its developer platform, meaning businesses can build performant software and websites directly on its network.
Source Fool.com
