2 Growth Stocks to Buy Before It's Too Late
Stocks can be hard to understand for some investors because their prices tend to bounce around in the short term, but successful growth investing tends to be fairly simple when taking a long-term, big-picture view. Companies that consistently grow their annual revenues at high double-digit percentage rates will ultimately earn shareholders great returns. You just have to get on board and maintain a long-term perspective.
Here are two relatively small and fast-growing companies with some short-term price volatility that also have excellent prospects to do well over the long term.
Palantir Technologies (NYSE: PLTR) is one of the most talked about artificial intelligence (AI) companies. It develops AI-based software applications that can be used for a wide range of use cases. Palantir helps companies identify problem areas in their supply chains and improve efficiency, and it's seeing a lot of growth in contracts with corporate clients right now. But the company is probably most known for its work with the U.S. government, where Palantir's software can help the military and intelligence agencies make more informed decisions in field operations and resource management.
Source Fool.com
