Have $2,000? 2 Growth Stocks to Buy and Hold for the Long Term
What is common between leading chipmaker Advanced Micro Devices (NASDAQ: AMD) and women-first online dating player Bumble (NASDAQ: BMBL)? While there are no obvious similarities as far as the business models are concerned, both companies enjoy solid competitive advantages in their respective markets and are growing their top line at impressive rates. These are exactly the kind of business fundamentals investors should be considering while building a long-term portfolio.
Considering their growth potential, both AMD and Bumble are also trading at reasonable valuations. Here are few more reasons why retail investors should consider purchasing and then holding on to these stocks for the long term.
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Source Fool.com