2 Super Growth Stocks to Buy in November and Hold Forever
It's tempting to buy and sell stocks based on short-term price fluctuations. But long-term investing is the best way to benefit from a company's value creation because it smooths out the volatility so the fundamentals can shine through over time.
Two excellent examples right now are Luckin Coffee (OTC: LKNC.Y) and Global-e Online (NASDAQ: GLBE). Both are ideal to hold for the long haul because of their rapid growth rates and vast addressable markets. Let's dig deeper.
You probably remember Luckin Coffee for its high-profile fraud scandal when former management fabricated around $300 million worth of 2019 sales. But after replacing the old leadership and restructuring its governance structure with more transparency and accountability, the Chinese coffee chain has turned over a new leaf.
Source Fool.com
