2 Growth Stocks to Buy Before the Bull Market Arrives
Timing the market is a risky strategy. If you wait too long, you can miss the rally when it inevitably comes. Investors react quickly to news, and so if you've found a good stock at a decent valuation, you shouldn't wait to buy it. Provided you're willing to buy and hold for years, now may be a good time to buy stocks while valuations are low.
A couple of stocks that look particularly good right now include AbbVie (NYSE: ABBV) and Nvidia (NASDAQ: NVDA). These businesses have promising growth potential, and adding either one of them to your portfolio today could be a great move.
Drugmaker AbbVie makes for both a solid growth stock and an income investment. At 4%, its dividend yield is more than twice the S&P 500 average of 1.7%. What makes it even more attractive is that it's also a Dividend King, with a track record for growing its dividend on a yearly basis. In just five years, its dividend payment has increased by 54%. The company's strong free cash flow and solid financials also suggest that more rate increases could be coming.
Source Fool.com
