Growth stocks are back! And they are poised to lead the S&P 500 (SPY) higher after the relentless bear market investors experienced in 2022. Read on to discover the best strategy for capitalizing on the next big bull market in growth stocks.
Earlier in 2022, we unveiled an important article titled…
The gist of this popular article is that it was an uncertain time for growth stocks. And we gave readers specific advice about avoiding certain stocks that were wildly overpriced. This included:
- Using the POWR ratings to eliminate the worst growing stocks
- Focused on leading stocks
- Identification of companies with operational leverage
Naturally, we applied this strategy to the POWR Growth service.
And it’s a big reason why the service has outperformed all the popular growth ETFs and even the Nasdaq so much.
BUT, it is NOW time for a MAJOR update.
Conditions have improved for growth stocks. Ironically, this is just as fund managers and retailers have capitulated to their positions.
Valuations have become incredibly attractive as the bear market has created a plethora of GARP (growth at a reasonable price) opportunity for savvy investors.
In the POWR Growth service, we responded by picking up the healthiest of these stocks with the most enticing upside potential.
The job is not done yet as we continue to identify attractive opportunities in alternative energy, biotechnology, genomics and cloud computing.
These are companies that will grow double-digit revenue over the next decade and have all the hallmarks to become leading stocks in the next bull market.
As Warren Buffett said: “A down market doesn’t bother us. It’s an opportunity to increase our ownership of great companies with great management at good prices.”
Life-changing returns can be unlocked by investors who are able to put their emotions aside in tough economic times and act in a logical and intelligent manner.
It’s not uncommon for leading stocks to return 3-digits, 4-digits, or even 5-digits in a bull market. The key is to buy them early and hold them patiently as long as fundamentals continue to improve.
In the POWR Growth service, we’ve done the hard work of sifting through the rubble to find the companies that are still growing, increasing their margins, and generating free cash flow (or on their way to).
To take advantage of this opportunity, professional investors spend countless hours researching, learning, and identifying the growth stocks that were unfairly penalized during the sell-off.
For those of you who don’t have that much time, the POWR Growth service enables you to confidently invest in high quality, undervalued growth stocks with significant potential.
This active trading service achieves consistent outperformance by moving far beyond the outdated buy and hold (or buy and hope!) approach many newsletters offer.
That’s because it requires a systematic approach to zoom in on the best stocks in the market, using the computer-driven Top 10 Growth Stocks strategy with an average annual return of +46.85%.
Then I carefully research what’s happening in the markets and tell you exactly what to buy, when to buy AND what to avoid.
I’ll also let you know when it’s time to get more defensive to preserve capital (as we’ve done for most of 2022) and when it’s time to get more aggressive again to maximize your profits.
What to do now?
Check out my top stocks for the current market in the POWR Growth Portfolio.
This exclusive portfolio takes most of the new picks from our proven ‘Top 10 Growth Stocks’ strategy, which has delivered excellent results average annual return of +46.85%.
And yes, it continues to outperform by a wide margin even during these rough markets.
If you’d like to see the current portfolio of growth stocks and be notified of our next timely trades, consider starting a 30-day trial by clicking the link below.
Chief Growth Strategist, StockNews
Editor, POWR Growth Newsletter
SPY shares remained unchanged in afterhours trading on Friday. Year-to-date, SPY has gained 4.20% versus a percentage increase of the benchmark S&P 500 index over the same period.
About the author: Meredith Margrave
Meredith Margrave has been a well-known financial expert and market commentator for the past two decades. She is currently the editor of the POWR growth and POWR shares under $10 newsletters. Learn more about Meredith’s background, along with links to her most recent articles.