2 Supercharged Growth Stocks Expected to More Than Double Sales by 2023
The U.S. equity market had a rough ride in September. All major indexes reported monthly losses in the range of 4% to 5%. While the S&P 500 and Nasdaq Composite had their worst monthly performance since March 2020, the Dow Jones Industrial Average recorded the worst monthly performance of 2021.
Despite the short-run volatility, there are still several quality growth stocks that can earn handsome returns for retail investors in the long run. Wall Street analysts estimate that HubSpot (NYSE: HUBS) and Okta (NASDAQ: OKTA) will increase their sales by 131% and 176%, respectively, in just the next two years. Those expectations coupled with solid competitive advantages make these stocks attractive picks.
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Source Fool.com
