
The past year was challenging for investors as the economy faced significant headwinds due to geopolitical issues, persistent inflation, and aggressive interest rate hikes. With inflation remaining elevated, the Fed has indicated that it will keep raising the benchmark interest rate.
Although this is expected to put the stock market under pressure this year, I think long-term investors should look to add growth stocks Box, Inc. (BOX), Extreme Networks, Inc. (EXTR), and Celestica Inc. (CLS) to their watchlist.