A Bull Market Is Coming: 2 Top Growth Stocks to Buy in 2023 and Hold Forever
The S&P 500 and the Nasdaq Composite plunged into bear market territory last year as recession fears rippled through Wall Street. Both indexes are still deep in the red, but smart investors know two things: First, every past bear market has ended in a new bull market, meaning the next bull market is almost certainly on its way. Second, bear markets are an opportunity to buy great stocks at good prices.
The Trade Desk (NASDAQ: TTD) and Atlassian (NASDAQ: TEAM) have seen their share prices tumble 53% and 64%, respectively, from all-time highs and trading deep in bear market territory. But the future still looks bright for both businesses, creating an attractive buying opportunity. Here's why.
The Trade Desk operates the leading independent demand-side platform (DSP). Its software automates the media-buying process, enabling advertisers to run targeted campaigns across a variety of digital channels. While The Trade Desk undoubtedly faces tough competition from ad giants like Alphabet and Meta Platforms, it distinguished itself with superior technology and a more transparent business model.
Source Fool.com
