Growth stocks are soaring in the bull market, but new data about inflation put the brakes on the market's rise last week. Will inflation keep moving up? Will the Federal Reserve cut interest rates? Is a recession still a possibility?

These kinds of questions keep economists on their toes, but smart investors zoom out and focus on the long term. Ten years from now, whether or not there was a recession in 2024 will be largely irrelevant. The economy should keep growing, even if it's not linear growth, and the stock market should be well ahead of where it is today.

That's why it's important to find stocks that have long-term potential, and growth investors should look for great growth stocks that could maximize their investment over 10 years and longer.

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Source Fool.com