Stock Market Plunge: 5 Discounted Growth Stocks to Buy Now and Hold Forever

Regardless of whether you're a new or longtime investor, this year has proved challenging. Since reaching their all-time highs, the benchmark S&P 500, iconic Dow Jones Industrial Average, and tech-driven Nasdaq Composite, are respectively lower by 14%, 11%, and 24%. The greater than 20% decline in the Nasdaq places the index firmly in bear market territory.

And it's not just the magnitude of the aggregate declines that are worrying investors. Last Thursday, May 5, we witnessed what can accurately be described as a stock market plunge. The Nasdaq Composite registered its third-largest single-session point decline on record, and at one point was lower by 6% on an intra-day basis. The nominal point declines for the S&P 500 and Dow were also among their 10 largest in history.

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Source Fool.com