The stock market is officially in bear market territory after falling more than 20% over the last two months. This is not a time to panic, as bear markets have occurred numerous times in previous decades. However, this can be a good opportunity to reassess your stock holdings and think about what companies you want to own for the next 10 years.
One area I'm particularly excited about over the next decade is stocks related to the explosive demand for streaming content. We've already seen enormous growth in video streaming, but there is still so much untapped potential, particularly as streaming becomes more mainstream for other markets like audio and gaming.
If you're looking for growth stocks to buy on sale during this downturn, you might want to consider Spotify (NYSE: SPOT), Roku (NASDAQ: ROKU), and Huya (NYSE: HUYA).