After a glorious 2023 for the bulls, the stock market has been sluggish this year. Market volatility is unavoidable; however, pullbacks can present an opportunity for investors to buy growth stocks in fast-growing industries. Most growth stocks are evolving businesses with strong fundamentals that have the potential to provide excellent long-term returns.
The first name on my list is Qualcomm Incorporated (QCOM). While Qualcomm struggled last year due to macroeconomic headwinds that constrained consumer spending on electronics, fiscal 2024 looks promising.
