History Says the Nasdaq Could Rocket Higher in 2024: 2 Magnificent Growth Stocks to Buy Now and Hold Forever

The Nasdaq Composite (^IXIC 0.09%) tumbled 33% in 2022 as recession fears rattled Wall Street, notching its worst annual performance since the Great Recession. The index has suffered a double-digit decline in a calendar year only nine times since its inception in 1971.Historically, those drawdowns have come with a silver lining. The Nasdaq usually rebounds strongly during the 24 months following an annual decline. Specifically, following a one-year decline of at least 10%, the Nasdaq has returned a median o ...