Growth stocks are stocks of companies that are experiencing rapid growth in their revenues, earnings, and market share. They usually outpace the market and they can generate significant returns for you over the long term.
The stocks of these companies typically have strong potential for stellar growth and are considered to be among the most attractive investments in the market.
Examples of these companies are Tesla, the leading electric vehicle company. Now you know how Tesla’s founder, Elon Musk became the world’s richest man in the world. Tesla’s stocks skyrocketed during the pandemic.
Growth stocks are usually centered on disruptive innovation. They are companies building the future, in a variety of industries, including medicine, transportation, finance, and are usually market leaders.
Loomo curates a list of high growth companies for you to invest in. No need to go through 10,000 options, just a few good ones.