DDOG - S&P 500 Bull Market 2024: 2 No-Brainer Growth Stocks to Buy Now With $200
2024-01-26 04:55:00 ET
In January, the S&P 500 (SNPINDEX: ^GSPC) has done something it hasn't done in two years: The benchmark index reached a record high and officially entered bull market territory. That creates an opportunity for investors. The S&P 500 returned an average of 169% during the dozen bull markets that have taken place since its inception in 1957, and many stocks are sure to soar during the next one
With that in mind, now is a good time to buy shares of Snowflake (NYSE: SNOW) and Datadog (NASDAQ: DDOG) . The companies placed first and second, respectively, on the Fortune Future 50 List for 2023, an annual ranking of the world's largest companies based on long-term growth prospects. Both stocks are also affordable, at less than $200 per share.
Here's what investors should know about Snowflake and Datadog.
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S&P 500 Bull Market 2024: 2 No-Brainer Growth Stocks to Buy Now With $200