Growth stocks, particularly those that thrived at the peak of the coronavirus pandemic, largely fell out of style in 2021. But for many of these companies, that merely amounts to a minor inconvenience in the grand scheme of things.
As long as a company's investment thesis remains intact, whatever the market does in the short term shouldn't be of too much concern. Investors should keep their eyes on the prize and stick to a buy-and-hold strategy.
With that in mind, let's look at two growth stocks that appear well-positioned to deliver above-average returns for many years to come: DexCom (NASDAQ: DXCM) and MercadoLibre (NASDAQ: MELI) .
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Got $5,000? 2 Top Growth Stocks to Buy and Hold for Decades