Tesla (NASDAQ: TSLA) and Amazon (NASDAQ: AMZN) were two S&P 500 components that saw their stock prices collapse by at least 50% in 2022. Combined, over $1.5 trillion in value evaporated in just 12 months from these two stocks alone.

Even now, it's hard to know whether the dust is finally starting to settle or more pain lurks ahead. But long-term investors know that powering through bear markets can be one of the most effective ways to compound wealth over time.

Tesla and Amazon are high-profile growth stocks that stand out as compelling buys. Here's why.

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Source Fool.com