$1,000 Invested in These 3 Stocks Could Make You a Fortune
We're 10 months into a wild year for investors. Volatility can be your friend if you're looking for attractive entry points for compelling growth stocks.
You don't need a lot of money for this: Just $1,000 put to work on the right names can make a difference. What are some of the stocks that might make you a fortune given today's starting lines? I like Cava Group (NYSE: CAVA), Celsius Holdings (NASDAQ: CELH) and Rover Group (NASDAQ: ROVR). Let's take a closer look.
Cava has only been public for a few months, but since its initial public offering (IPO) it's made a strong first impression. The fast-growing chain of Mediterranean fast-casual restaurants turned heads with its first quarterly report as a publicly traded company this summer. Revenue soared 62%, fueled largely by a 43% year-over-year increase in locations. An even more impressive 18.2% surge in comparable sales -- the result of a 10.3% uptick in foot traffic enhanced by a 7.9% boost in revenue per customer -- helped drive the balance of Cava's robust top-line growth.
Source Fool.com
