2 Growth Stocks to Buy and Hold Forever

Growth stocks, particularly those equipped to perform well amid the pandemic, were all the rage last year, and many of them doubled or even tripled in 2020. But 2021 has thus far been a very different story for some of these companies. Case in point: Shares of telehealth giant Teladoc Health (NYSE: TDOC) are down by 26.6% year to date, while Square (NYSE: SQ) stock was recently up by 9%; by comparison, the S&P 500 has gained 15% on the year.

Both of these companies shattered the broader market's performance last year, and even given their less impressive runs in 2021, there are good reasons to think the future is bright for them. Here is why both of these stocks are worth stashing in your portfolio and holding on to for many years to come.