5 Incredible Growth Stocks to Buy for 2024
We're on the verge of a bull market now, but it hasn't happened in a straight line. Consider that as the bear market emerged in 2022, investors began to invest more heavily in safer stocks. And as they became more confident in 2023, they moved back into growth stocks.
While the S 500 has been rallying this year -- up 23% as we enter the last week of December -- many stocks that moved up in 2022 are moving down in 2023. The S 500 Pure Value index has gained just 5% in 2023, but the Nasdaq-100 tech index is up 52%.
In bull markets, growth stocks tend to rise. Here are five top picks to consider now: Amazon (NASDAQ: AMZN), Global-e Online (NASDAQ: GLBE), On Holding (NYSE: ONON), Toast (NYSE: TOST), and (NASDAQ: ROKU).
Source Fool.com
Roku Stock
Currently there is a rather positive sentiment for Roku with 33 Buy predictions and 6 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 52.48% for Roku compared to the current price of 60.99 €.