With the global economy still in flux, investors are looking for the best stocks to buy right now. What will it take for a new bull market to begin? The commonly accepted definition of a bull market is when stock prices rise 20% or more. Value stocks dramatically underperformed growth stocks during the last bull market. Growth equities benefited from low interest rates; this allowed companies to continue investing in their businesses and expanding their markets while keeping debt costs low.
In this article, we take a look at the 15 best growth stocks to buy according to hedge funds. If you want to see more of the best growth stocks, check out our list of the top 30 growth stocks to buy.
Bear markets can be a double-edged sword for investors. On one hand, heightened volatility and unrealized red ink can weigh on investors' nerves and portfolios. On the other, bear markets provide an opportunity to buy stocks at attractive valuations. When seeking out the best stocks to buy in 2023, investors will need to be brave and patient in regard to timing, as well as agile as the markets evolve.