Got $5,000? These Are 2 of the Best Growth Stocks to Buy Right Now.
The last few years have been dynamic for growth stocks. A massive bubble and a rough return to Earth followed the March 2020 COVID-19 crash. Many investors lost faith. But growth stocks demand a prominent place in portfolios for a simple reason. They make shareholders lots of money over time, despite some ups and downs along the way. Want proof? Below is the total return of the growth and tech-heavy QQQ Trust (NASDAQ: QQQ) vs. the SPDR S 500 (NYSEMKT: SPY) for the last 10 years.
QQQ Total Return Level data by YCharts.
Go back 20 years, and the disparity is just as pronounced. Past performance is no guarantee of future results; however, with fantastic tech companies generating solid revenue and cash flow, it isn't likely to change soon.
Source Fool.com