Got $5,000? These 2 Growth Stocks Are Smart Buys
While index investing has its merits, some people want to take the time to find individual companies to put their money in. The goal is to find stocks that can beat the market. Today, I've got two potential market-beaters for your consideration.
If you've got $5,000 that you don't need to pay off monthly bills, bolster an emergency fund, or pay down short-term debt, you might want to put it toward an investment in the stock market. More specifically, you might want to use it to buy shares of Crocs (NASDAQ: CROX) and (NASDAQ: LULU).
Let's discuss these two stocks further and find out why it might be a good idea to split that investment evenly between these two consumer discretionary stocks.
Source Fool.com
Lululemon Athletica Inc. Stock
Currently there is a rather positive sentiment for Lululemon Athletica Inc. with 91 Buy predictions and 6 Sell predictions.
With a target price of 453 € there is a hugely positive potential of 88.12% for Lululemon Athletica Inc. compared to the current price of 240.8 €.