Bull Market Bargain Hunting: 2 Top Growth Stocks to Buy Now
A bull market has finally arrived, giving investors a reason to cheer. That's because these market phases are known for rising share prices, and that generally scores a win for your portfolio. In fact, past bull markets since the mid-1970s each have delivered triple-digit gains, according to data compiled by Raymond James & Associates.
All of that sounds great, but you may be worried about one detail -- and that's finding bargains in a rising market. After all, bull markets are declared only once an index reaches a new all-time high, meaning that, by the time we know we're in a bull market, that market actually has been around for a while. For instance, today's bull market has been going on for about 16 months. As a result, some stocks may have had the time to soar, and in certain cases, to become too expensive.
But here's the good news: Just because many stocks climb in a bull market doesn't mean all of them are overpriced. Some of these players have excellent long-term prospects, so their shares could extend gains well into the future. And some quality stocks haven't yet taken off, offering us a buying opportunity. So, let's go bull market bargain hunting and check out two top growth stocks to buy now.
Source Fool.com
