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Forget Dogecoin -- Buy These 3 Growth Stocks Instead


Dogecoin has been one of the hottest cryptocurrenices of the year, climbing more than 9,000% since the start of 2021 (the S&P 500 is up just 11%). But the danger with investing in the latest meme or trend is that volatility is high, and Dogecoin is no exception. Buying this cryptocurrency can put your portfolio at significant risk; even a tweet from Elon Musk could send your investment spiraling.

If you are craving growth opportunities, then three safer investments to hold in your portfolio right now are Fulgent Genetics (NASDAQ: FLGT)Palantir (NYSE: PLTR), and PayPal (NASDAQ: PYPL). All of these companies are growing at impressive rates and could generate some strong (and safe) returns for you in the long run.

Image source: Getty Images.

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Source Fool.com

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