2 Top Growth Stocks to Buy Hand Over Fist Before the Next Bull Market
Recession fears caused all three major U.S. financial indexes to fall into a bear market last year. The Dow Jones Industrial Average has nearly recouped its losses, but the S&P 500 and the Nasdaq Composite are still down 11% and 18%, respectively. That means investors still have time to capitalize on the downturn.
Here are two growth stocks to buy hand over fist before the next bull market.
The first stock to buy is PayPal Holdings (NASDAQ: PYPL). The investment thesis for the fintech company is simple: PayPal runs one of the largest payments networks in the world, with 435 million active accounts, and it holds an industry-leading 42% market share in online payment processing, according to Statista. PayPal is also the most accepted digital wallet in North America and Europe, and it was the second-most-downloaded finance app worldwide last year. In other words, the company is perfectly positioned to benefit from the secular shift toward digital payments.
Source Fool.com
