2023-03-26 07:35:00 ET
The S&P 500 has been in a bear market since last June. The index is up by 5% since then, and up by about 12% from the low point it touched in early September, but that's well below the 20% (or more) sustained gain required before we can say that it has entered a new bull market. Many growth stocks have languished as rising interest rates drove investors toward more conservative investments.
Bear markets are usually a great time for investors to buy undervalued growth stocks that can outperform the market when bullishness finally returns. I believe that currently unloved Twilio (NYSE: TWLO) , Celsius (NASDAQ: CELH) , and Lululemon Athletica (NASDAQ: LULU) fit the bill as turnaround growth plays for the next bull market.
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For further details see:
These 3 Growth Stocks Will Outperform the S&P 500 in a Bull Market