2 Growth Stocks to Buy and Hold Forever
Great stocks can be lucrative for investors, but they can also be a tale of swings. The past few years have been a prime example. When growth stocks were in a bull run, it seemed like the stock market was printing money. Then, in 2022, many saw their values slashed in half, by three-quarters, and even by 90% in some cases.
That's the reality of growth stocks in the short term, but there's a lot of potential in the long term. For investors who can stomach the volatility, here are two growth stocks I feel comfortable buying and holding forever.
It has been a great 2023 for 's (NYSE: SHOP) stock, up over 70% year to date. And although the company is still down over 60% from its November 2021 highs, brighter days should be ahead.
Source Fool.com
Shopify Inc Stock
Our community is currently high on Shopify Inc with 4 Buy predictions and 0 Sell predictions.
With a target price of 75 € there is a positive potential of 36.94% for Shopify Inc compared to the current price of 54.77 €.