The Bull Market Is Official: 2 Remarkable Growth Stocks to Buy Now and Hold Long-Term
In 2023, the U.S. stock market experienced a remarkable rally with the S 500 and the Nasdaq Composite surging by 24.2% and 43%, respectively. That rally continued in early 2024, and the S 500 index set multiple new record highs in January.
With the S 500 up by more than 20% from its bear market low of October 2022 and having crossed the threshold of its previous all-time high of January 2022, it has officially entered a bull market.
Although the rising market has pushed up the valuations of many stocks, there are still numerous reasonably priced investment opportunities. Here's why Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN) can be smart picks for retail investors in this bull market environment.
Source Fool.com
Alphabet Inc. A Stock
€156.50
-0.090%
The stock is an absolute favorite of our community with 93 Buy predictions and no Sell predictions.
As a result the target price of 178 € shows a slightly positive potential of 13.74% compared to the current price of 156.5 € for Alphabet Inc. A.
