BKNG - Top 2 Growth Stock Bargains To Buy In April
2024-04-07 04:47:50 ET
Summary
- 83% of US Election years delivered a positive performance with average annual return of 11.3%.
- Most high-quality equities are trading today at a stretched valuation with major indices up close to 10% on a year-to-date basis.
- With many companies trading sky-high, looking for bargains in today's market is remotely difficult.
- With some setbacks during last earnings, dragging the stock prices down, two growth stocks still present good opportunity.
After narrowly missing recession in 2022/23, during unprecedented 525 basis points of rate hikes in a span of 16 months, 2024 has started on strong footing with the major indices up close to 10% on a year-to-date basis.
Historically, during election years in US, the S&P 500 ( SP500 ) delivered on average 11.28% return and 19 of 23 years or 83% have seen positive performance, meaning there is still a bit of runway left for the indices to run, if 2024 would prove to be average election year....
Top 2 Growth Stock Bargains To Buy In April