Since going public in mid-2015, e-commerce platform developer Shopify (NYSE:SHOP) has nearly quintupled in value, for around a 60% annual compounded growth rate. Of course, predicting those kinds of returns is impossible, but Shopify’s business model represents a unique opportunity that hit the market at just the right time.
Yet Shopify isn’t the only business with compelling arguments in its favor. We asked three of our Motley Fool investors for growth stocks that they like that have the potential to post returns that would put Shopify’s own to shame.
The stock market has been a bit volatile this year, but there are some sectors that are still experiencing significant share price gains. For example, the Nasdaq 100 Technology Sector is up about 22% over the past 12 months. Those gains are pretty impressive, but a handful of tech stocks, have seen their share prices jump about five times as much.
Best Tech Stocks For 2018: Google Inc.(GOOG)
Also finding itself on the short end of the stick is online search and advertising kingpin Alphabet(NASDAQ:GOOG)(NASDAQ:GOOGL), the parent of Google and YouTube. Specifically,....More>>>
Last year, cryptocurrencies burst onto the scene like no other asset class ever has. Over the span of 12 months, the aggregate value of digital currencies soared almost $600 billion, which in percentage terms worked out to more than 3,300%. This was probably the best single-year return for any asset class in history, and we may never see anything like it again.
However, not everyone who’s made money off the cryptocurrency craze has done so as a traditional investor. Some individuals and businesses have made veritable fortunes by "mining" cryptocurrency.
Top 10 Gold....More>>>
Some might ask, why are you investing so prudently now? Most investors say they want to build the biggest nest egg they can to fund the best possible retirement when that time comes. Once that day arrives, then they’ll change their portfolio to focus less on growth and more on income.
The irony is, the stable stocks best suited to reliably fund a retirements are largely the same stocks you should arguably already own leading up to your retirement; consistency is crucial as you chip away at your financial goals.
To that end, here’s a run-down of retirement....More>>>
Facebook, Inc.’s (NASDAQ:FB) data fiasco has shaken the market as a whole — and tech stocks in particular. Prices have pulled back on a wave of negative media attention and potentially tighter regulation. Suddenly the unstoppable rise of the tech giants looks a little bit more fragile. But many tech stocks still show very sustainable and robust long-term fundamentals. That’s why I am confident that now is the time to buy cheap tech stocks on the dip.
Indeed, top Monness analyst Brian White has just told CNBC that tech might be the biggest....More>>>