With inflation moderating and the U.S. economy growing by a respectable 2.4% in the second quarter, fears of a recession are abating. Sparks of optimism have returned to the financial marketplaces as hopes for a new bull market take hold.

If you'd like to position yourself to profit from the stock market's next leg up, consider buying the following two stocks. These businesses are set to deliver handsome rewards to their shareholders as the economy grows stronger.

A bull market would likely usher in higher oil prices, as accelerating economic growth typically leads to rising demand for energy. Leading oil and gas producer Devon Energy (NYSE: DVN) should enjoy sharply larger profits in such a scenario.

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Source Fool.com