Finding long-term growth stocks to buy and hold is becoming more and more difficult. Indeed, the growth rates of most companies have been negatively impacted by inflation and surging interest rates. As valuation multiples decline, so too does investor confidence in this space.
That said, there are some long-term growth stocks to buy and hold that are exhibiting indications of revival, kicking off to a much-improved start in 2023 following a dismal year in 2022.
This resurgence is largely attributed to the macroeconomic factors that have come into play. It is uncertain whether this marks a new bull market for growth stocks. However, there are three options with the potential to profit from the shifting economic landscape.
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