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home / news releases / SHOP - A Bull Market Is Coming: 2 Remarkable Growth Stocks to Buy Before They Soar 200% by 2028


SHOP - A Bull Market Is Coming: 2 Remarkable Growth Stocks to Buy Before They Soar 200% by 2028

2023-10-13 05:15:00 ET

The S&P 500 (SNPINDEX: ^GSPC) is roughly 9.3% below its all-time high, and therefore 9.3% away from once again trading in bull market territory (using the most conservative definition of a bull market). That threshold is worth highlighting because the index returned an average of 186% during the nine bull markets that have taken place since 1970, and history says the next bull market is inevitable.

Ahead of that coming rally, investors should consider Shopify (NYSE: SHOP) and SolarEdge Technologies (NASDAQ: SEDG) . They are key players in growing markets, but both stocks trade at discounted valuations that leave room for substantial returns. Indeed, Shopify and SolarEdge could see their share prices triple by 2028 under the right circumstances.

Here's why.

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A Bull Market Is Coming: 2 Remarkable Growth Stocks to Buy Before They Soar 200% by 2028
Stock Information

Company Name: Shopify Inc. Class A Subordinate
Stock Symbol: SHOP
Market: NYSE
Website: shopify.com

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