Got $1,000? Buy These Hot Growth Stocks Before They Take Off
External factors such as COVID-19 and an economic downturn in 2022 have caused some volatility in the stock market in recent years. The challenges highlight why it's crucial to keep a long-term mindset to see big gains. As investing mogul Warren Buffett has often preached, "If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes."
Therefore, it's wise to dedicate a large part of your portfolio to proven growth stocks. Holding such investments over many years can offer significant growth and won't require tens of thousands of dollars upfront.
Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD) are two attractive options, each delivering triple-digit stock growth over the last five years. These companies are active in multiple expanding industries and could have a lot to offer new investors.
Source Fool.com
Advanced Micro Devices Inc. Stock
The stock is one of the favorites of our community with 81 Buy predictions and 2 Sell predictions.
With a target price of 176 € there is a positive potential of 34.47% for Advanced Micro Devices Inc. compared to the current price of 130.88 €.
