Dump Dogecoin and Buy These 3 Top Growth Stocks Instead

Investing in Dogecoin is a risky venture. In the past month, the cryptocurrency has lost more than 40% of its value while the S&P 500 has been flat. And while a tweet from Tesla CEO Elon Musk ("the Dogefather") could quickly reverse that path, that unpredictability is what makes it an untenable investment for the long term, even if you are willing to stomach a moderate level of risk.

Rather than gambling on Dogecoin, investors are better off going with stocks with much more solid growth paths. Buying shares of GrowGeneration (NASDAQ: GRWG), Adobe Systems (NASDAQ: ADBE), and Starbucks (NASDAQ: SBUX) will likely prove to be much safer options over the long haul, and you'll still come away with some strong returns.

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Source Fool.com