3 Growth Stocks to Buy Hand Over Fist in August
The S&P 500 continues to climb and reach new highs. It's up 14% this year, fueled by the success of many artificial intelligence (AI) stocks, many of which are some of the biggest stocks on the market.
Bull markets are the time to buy growth stocks, which tend to outperform the market when the market is doing well. Lemonade (NYSE: LMND), SoFi Technologies (NASDAQ: SOFI), and Nu Holdings (NYSE: NU) are three great candidates.
Lemonade sells insurance, but it's not your typical insurance company. For one thing, it has no sales staff. It's almost entirely digital, and it relies on AI to underwrite policies at the right prices and for many other parts of its operation.
Source Fool.com
