Looking for Growth? These 2 Stocks are No-Brainer Buys Before a New Bull Market
Now would be a great moment to add a few growth stocks to your portfolio. Why? Because we're heading toward a bull market, and that type of economic environment tends to favor these sorts of players. We're not there yet, but, since historically, every U.S. market correction or bear has eventually been followed by a bull, there's reason to be optimistic about the future in this case. And smart investments now could lead to big rewards later.
Speaking of smart buys, today, you can pick up some top growth stocks for reasonable prices -- and two in particular would make no-brainer additions to any growth portfolio. I'm talking about trillion-dollar companies that dominate their markets and have posted triple-digit percentage revenue and stock price gains over the past decade: (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). Their growth stories are far from over, and they could truly take off in an economic environment that favors expansion.
Apple has won over the world with practical yet innovative products such as iPhones and Apple Watches. The company's brand strength offers it both pricing power (the ability to raise prices without losing customers) and a significant moat (i.e., a competitive advantage).
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 79 Buy predictions and 6 Sell predictions.
With a target price of 199 € there is a slightly positive potential of 17.02% for Apple Inc. compared to the current price of 170.06 €.
