The S&P 500 Could Soar Higher Soon: 2 Growth Stocks to Buy Now and Hold Forever
After a brutal stretch of trading in 2022, the stock market came roaring back this year. The S&P 500 index, which is often used as a benchmark for broader market performance, has rallied 24% across 2023's trading. More importantly, it looks as if the index's impressive run could continue.
Hot trends, including artificial intelligence (AI), may help propel strong sales and earnings growth for top companies, and potential moves by the Federal Reserve to cut interest rates could help send valuations for stocks higher.
With these bullish catalysts on the horizon in mind, read on for a look at two excellent companies that could deliver fantastic returns for investors.
Source Fool.com
