Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Got $3,000? 3 Growth Stocks to Double Up on Right Now

TheMotleyFool

0 0

Got $3,000? 3 Growth Stocks to Double Up on Right Now: https://g.foolcdn.com/editorial/images/741183/drawing-growth-of-money-over-time.jpg

For long-term investors, compounding growth at high rates is the name of the game. If you can buy a company that compounds earnings and cash flows at high rates for a long period, odds are you will have a very comfortable retirement.

While the markets have recovered somewhat in 2023, there are still high-quality growth stocks out there that look undervalued. Time to buy or add the following three names.

Investors underestimate Amazon.com (NASDAQ: AMZN) at their peril. The e-commerce and cloud leader has been a relative laggard among big tech stocks during this recovery period and is still 31% below its all-time highs -- worse than most other FAANG names.

Source Fool.com

Like: 0

AMZN

Share