FVRR - Market Sell-Off: 2 Growth Stocks to Buy and Hold For 10 Years
What's the best course of action during a market downturn? Recent history can help us answer that question. The S&P 500 has soared by 83.3% since it bottomed out in late March 2020, driven by the emergence of COVID-19. Going further back reveals the same trend. For instance, those who held on and added to their positions in great companies during the market crash of the late 2000s made a lot of money in the past decade.
That's why investors shouldn't worry too much about the current volatile state of the market. Even if the market keeps dropping, that merely presents opportunities for investors to purchase shares of excellent stocks for a discount. With that as a backdrop, let's look at two stocks that have gotten hammered lately but could still provide above-average returns in the next decade: Fiverr International (NYSE: FVRR) and Netflix (NASDAQ: NFLX) .
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Market Sell-Off: 2 Growth Stocks to Buy and Hold For 10 Years