History Says the S&P 500 Is Headed Higher: 2 Exceptional Growth Stocks to Buy Now and Hold Forever
The S&P 500 (SNPINDEX: ^GSPC) slipped into a bear market at the beginning of 2022. While the benchmark index is still down 9% from its high, it has climbed 20% from the low point in reached last October. That milestone is portentous for two reasons. First, many investors see it as a signal of a new bull market. Second, it hints at continued momentum in the coming months.
Since the mid-1950s, the S&P 500 has bounced 20% from its bear-market lows on 13 different occasions, and the index returned an average of 17.7% during the one-year period that immediately followed those events. That means history has a clear message for investors: The S&P 500 could soar in the very near future.
Here are two exceptional growth stocks to buy now and hold forever.
Source Fool.com
