The Ultimate Growth Stock to Buy With $1,000 Right Now
When deciding where to put investing dollars to work, an appealing choice for many would be a fast-growing stock with amazing potential. However, there are often trade-offs when investing in growth companies. For example, many are growing their top line at an impressive rate but not yet profitable. Some have impressive customer growth, but they're burning cash.
South Korean e-commerce company Coupang (NYSE: CPNG) could be the ultimate growth stock that's doing it all. Every investment comes with risks, but there's not much to pick on with Coupang's results. Let's dig in to see why it might be the ultimate growth stock to buy right now.
Comparing younger companies to older companies is commonplace on Wall Street. While this is typically unfair to the newer company, the similarities in business models between Coupang and Amazon are striking.
Source Fool.com
