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This, along with the Fed’s statement on its coming plans and any change in the momentum of economic recovery, is expected to lead to increased market volatility in the coming weeks. However, we think growth stocks could be ideal for investors looking to dodge market fluctuations because they are well-positioned to outperform the overall market in the long run. Investors’ interest in growth stocks is evident in the SPDR Portfolio S&P 500 Growth ETF’s (SPYG) 14.7% returns over the past three months.
Given this backdrop, fundamentally strong growth stocks Gates Industrial Corporation plc (GTES) and Oceaneering International Inc. (OII) could be great additions to one’s portfolio now.
