2 Top Growth Stocks to Buy With $1,000
Growth-oriented investors have experienced a bit of a roller-coaster ride over the past few years. Many companies in the "growth stock" category were struggling just two years ago, but in the bull market we are now experiencing, they're delivering very different results. However, investors should look beyond the near term and seek out stocks that can perform well over the long run, whether or not they are currently keeping pace with the broader market.
For those who have $1,000 to put to work in the market now, I recommend considering (NYSE: SHOP) and DexCom (NASDAQ: DXCM). Here's why.
E-commerce giant Shopify hasn't performed well this year. The company's shares are down by 15% and are changing hands for just under $64 apiece.
Source Fool.com
Shopify Inc Stock
With 6 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 80 € shows a slightly positive potential of 19.44% compared to the current price of 66.98 € for Shopify Inc.
