2 Growth Stocks to Buy Before They Soar in 2024
There's no surefire way to know which stocks will generate excellent long-term returns for their shareholders. Any such forecast is even cloudier when you're looking at smaller time frames like a year or two.
Yet, an investor can still maximize their chances of picking long-term winners. Putting several high-performing growth stocks in your portfolio will help, especially if the companies are showing impressive operating momentum in expanding markets. Two great examples today are Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP). Let's look at a few compelling reasons to buy these tech stocks today.
Amazon will issue its first official 2024 outlook as part of its fourth-quarter earnings release in early February. But investors don't have to wait until then to buy this stellar growth stock.
Source Fool.com
Shopify Inc Stock
Our community is currently high on Shopify Inc with 5 Buy predictions and 0 Sell predictions.
With a target price of 75 € there is a positive potential of 35.89% for Shopify Inc compared to the current price of 55.19 €.