Got $1,000? 2 Growth Stocks to Buy in 2023 and Hold Forever
Investors are eagerly waiting to close the book on 2022, which has been a challenging year to invest. The Nasdaq Composite is down almost 29%, marking the worst year for the index since 2008. As you look ahead to 2023, you might be thinking of adding some money into the market in hopes that the coming year won't be the same as 2022. One place to hunt for bargains is among growth stocks, which have been crushed.
While not all growth stocks might be worth investing in for the long haul, Datadog (NASDAQ: DDOG) and Global-e Online (NASDAQ: GLBE) look like two great picks. Their stock prices may be down, but both businesses have continued to flourish -- creating a disconnect between investor sentiment and actual business performance. Therefore, if you have some spare cash to invest for the long haul, these companies look like great choices.
Many investors seem to have given up Datadog, considering that its shares are down 57% in 2022. But this only provides an opportunity for long-term investors.
Source Fool.com
