No one knows if 2024 will be a year dominated by growth stocks, value stocks, dividend stocks, or a mix of all three. But what we do know is that quality growth stocks tend to do well over time. In fact, even companies with expensive valuations relative to their trailing earnings can end up being a better value if earnings outpace the stock price growth rate.
Tesla (NASDAQ: TSLA), (NASDAQ: MSFT), and Enphase Energy (NASDAQ: ENPH) aren't cheap stocks by any means. But they all have clear paths toward growing earnings years to come. Three Motley Fool contributors were asked to offer more detail on why each of these growth stocks is worth buying in 2024. Here's what they had to say.
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Source Fool.com