Inflation, supply shortages, and rising interest rates were too much for the markets last year. These headwinds hit expensive growth stocks particularly hard, but many top stocks are starting to impress Wall Street again with strong business fundamentals.

Advanced Micro Devices (NASDAQ: AMD) and Roblox (NYSE: RBLX) have returned 38% and 50%, respectively, since the beginning of the year. These companies are tapping into long-term megatrends of artificial intelligence (AI) and the metaverse, so it's not surprising to see investors coming around to these promising growth stories.

Let's take a deeper look at what's driving these two breakout growth stocks higher and why it's not too late to buy them today.

Continue reading

Source Fool.com