5 Growth Stocks to Buy Now for 2022
Today, I provide five growth stocks that I think will perform well in 2022 and beyond. These stock picks cover enormous secular growth trends that should flourish over the long term.
Nvidia (NASDAQ: NVDA) is the first stock on the list. It's easy to see why some investors would shy away from Nvidia at these levels. The stock price has delivered over 67,000% returns since going public in 1999. A $10,000 investment would be worth approximately $6.7 million today. But the company is firing on all cylinders, and when you look under the hood, you will find that its future looks very bright, which can arguably justify the premium share price. Nvidia has its hands in nearly every secular tailwind imaginable:
Tesla (NASDAQ: TSLA) has made a historic run over the past couple of years, but with Elon Musk at the helm, the future still looks very bright. The company continues to grow rapidly while improving net profit margins and cash flows. The EV super cycle is just getting started, and Tesla is poised to be top dog. Not only is Tesla a top autonomous and electric vehicle manufacturer, it is, in my opinion, also the best artificial intelligence company in the world.
Source Fool.com