The market has had a tough start to the year, with January underperforming the long-term median and average. The market sell-off has been driven mostly by growing inflationary pressures, the Fed's decision to raise interest rates, and weaker-than-expected labor market data.
However, we believe beaten-down growth stocks are ideal bets now for investors looking to maximize their returns over the long run. Investors' interest in growth stocks is evident in the SPDR Portfolio S&P 500 Growth ETF's (SPYG) 11.9% gains over the past year.
