2 Best Growth Stocks to Buy Without Hesitation in a Bear Market
High inflation and rising interest rates have hit the stock market hard through the first half of the year. The Nasdaq Composite has fallen 29% from its high, putting the index in bear market territory, but many individual stocks have fallen even farther. CrowdStrike (NASDAQ: CRWD) and Salesforce (NYSE: CRM) stock prices are down 36% and 44%, respectively.
Those losses certainly hurt in the short term, but they also create a buying opportunity for patient investors. The services that CrowdStrike and Salesforce provide are critical in any economic environment, meaning both businesses should continue to churn out solid financial results through the current downturn. That should translate into a strong rebound when the next bull market rolls around.
Here's what you should know about these two growth stocks.
Source Fool.com
