MCG - A Bull Market Is Coming: 2 Growth Stocks to Buy and Hold Forever
It's impossible to predict the stock market , but there are many reasons to be optimistic. With inflation falling and the labor market still strong, many economists are starting to expect a soft landing instead of a major recession, which could be good news for equity valuations. Let's explore why Tesla (NASDAQ: TSLA) and Membership Collective Group (NYSE: MCG) could be great ways to bet on the next bull market.
Up by 82% year to date, Tesla stock has hit the ground running in 2023. The legendary electric vehicle (EV) maker lost much of its value last year because of valuation concerns and possible saturation in the EV market. But the company's growth potential remains stellar. And its deep economic moat can help it keep the competition at bay.
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A Bull Market Is Coming: 2 Growth Stocks to Buy and Hold Forever