Want to Get Richer? 2 Innovative Growth Stocks to Buy and Hold

You only need two things to build life-changing wealth: a diversified portfolio of high-quality stocks, and a long-term mindset. The easiest way to accomplish that is with an exchange traded fund (ETF), especially one that tracks the S&P 500. You benefit from instant diversification, and you don't have to spend time doing research.

That being said, if you enjoy learning about individual companies and you're willing to put in the work, you could generate market-beating returns. And beating the market, even by a percentage point or two, could add thousands or even tens of thousands of dollars to your portfolio in the long run.

Datadog (NASDAQ: DDOG) and Axon Enterprise (NASDAQ: AXON) have beat the S&P 500 over the last two years, and both are well positioned to maintain that trend over the coming decade. Here's what you should know.

Source Fool.com