Want to Get Richer? 2 Growth Stocks to Buy Now and Hold
Investing in growth stocks, especially in high-flying technology stocks, had proved to be a profitable strategy for over a decade. However, this changed in early 2021, when many technology companies saw share prices plummeting in a growth-to-value sector rotation.
Some of these stocks, however, have made a major comeback in the last few months of 2021. Backed by strong fundamentals, improving financials, and significant competitive advantages, stocks like ServiceNow (NYSE: NOW) and Elastic (NYSE: ESTC) have already recovered their early 2021 losses and are now poised for further gains. Here's why these two technology stocks could prove to be attractive long-term picks for retail investors.
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Source Fool.com
