From NASDAQ:

The Dow Jones Industrial Average (DJINDICES: ^DJI) went into a bear market in Jan. 2022 but has since reached a new record high, marking the start of a new bull market. Historically, the Dow bull market has lasted about five years, with an average return of 172%. Investors should consider adding shares of Microsoft and Visa to their portfolios, both of which have a consensus “buy” rating.

Microsoft has a presence in multiple industries, including video games, enterprise software, and cloud computing. It holds 16.4% of worldwide software-as-a-service revenue and 23% of cloud infrastructure and platform services revenue. In the first quarter of fiscal 2024, Microsoft exceeded revenue and net income expectations, and it is projected to see low-double-digit revenue growth through 2030. Analysts recommend that now is a reasonable time to buy shares of the company.

Visa operates the largest payments network in the world, accounting for nearly 39% of card-based purchase transactions. It has historically outperformed the broader industry and expects 10% annual revenue growth over the next five years. With a current valuation lower than its three-year average, patient investors should feel confident about getting shares of this growth stock today.



Read more: Dow Jones Bull Market: 2 Highly Recommended Growth Stocks to Buy Now, According to Wall Street