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3 Growth Stocks to Own for The Long Term By StockNews

by Mike Robinson

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© Reuters. 3 Growth Stocks to Own for The Long Term

The recovery of the U.S. economy from its COVID-19 pandemic-led slump has been dizzying. The proposed infrastructure bills and the supplementary spending bill are likely to provide a huge boost, injecting trillions of dollars into America’s economy. Atkore, ATKR and DENTSPLY SIMONA (NASDAQ:) are all growth stocks that we believe could make solid long-term investment choices. Let’s examine these names.The U.S. economy has demonstrated a remarkable recovery from its pandemic-led recession, with the total size of the economy now surpassing pre-pandemic levels. Real gross domestic product (GDP) increased at an annual rate of 6.6% in the second quarter of 2021, reflecting the economy’s sturdiness.

As Democrats aim to invest nearly $5 trillion in the economy, President Biden believes that Congress will pass a bipartisan bill on infrastructure and another supplementary spending bill. With provisions to invest in multiple sectors, the bill should be approved.

We believe that shares of QUALCOMM Incorporated, DENTSPLY SIRONA Inc., and Atkore Inc. could see substantial growth over the long-term.

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