Last year was a horrid one for the tech-heavy Nasdaq Composite Index. One such business to consider is Netflix (NASDAQ: NFLX). The top streaming service stock has been up 60% over the past six months.
After a brutal bear market, many stocks have begun to recover their losses in 2023. Strong rallies off bear market lows are often just the early stages of larger, long-term upward moves in the stock market. To help you position yourself to profit from the next bull market, here are two stocks with excellent long-term growth prospects that could continue to soar.
The so-called FAANG stocks flopped in 2022. Meta Platforms (NASDAQ: META) stock (the "F" in FAANG because it was previously named Facebook) plunged 64%. Netflix (NASDAQ: NFLX) didn't fare much better, with its shares sinking 51%.