The 2 Best Growth Stocks for the Coming Bull Market
Although the economy isn't out of the woods yet, there are multiple signs that any economic downturn won't be as severe as many feared. This is excellent news for investors in one industry in particular: advertising. Advertising budgets are an easy item to cut as management looks to make companies more efficient in case of reduced business. However, as the economy recovers, advertising usually sees a quick boost as advertisers try to capture business from clients with increasing budgets.
Two companies that will benefit from this are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and The Trade Desk (NASDAQ: TTD), which are significant players in the advertising industry. I think they will make some of the best investments as the economy recovers. Here's why.
Alphabet derives a significant chunk (78%) of revenue from advertising services on its Google and YouTube platforms. Unfortunately, advertising revenue actually fell 3.6% year over year in Q4.
Source Fool.com
