The S 500 climbed 15.9% in the first half of 2023, and history says the index -- widely regarded as a benchmark for the broader U.S. stock market -- will maintain its momentum in the second half of the year. Since 1950, when the S 500 rose at least 10% in the first half of any given year, it returned an average of 7.7% in the latter half.

That figure is significant because the S 500 is just 6% below its all-time high, meaning the index would be on the cusp of a new bull market. Of course, past performance is never a promise of future results, but with the S 500 inching toward bull-market territory, now might just be a good time to buy shares of Cloudflare (NYSE: NET) and (NYSE: HUBS) -- no matter what happens in the second half of the year.

Here's why.

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Source Fool.com