Growth stocks have consistently outperformed most other asset classes in recent years, cementing their place as essential components of well-balanced portfolios. Their potential for high rewards, however, comes with increased risk. Savvy investors can capitalize on growth opportunities while minimizing unnecessary risk by targeting companies with a compelling investment thesis, a solid financial foundation, and a top-tier management team.

Intuitive Machines (NASDAQ: LUNR) and Summit Therapeutics (NASDAQ: SMMT) meet these criteria. These companies thrive in cutting-edge fields and show potential for sustained long-term growth. Let's examine the core investing thesis behind each stock.

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Source Fool.com