What is the next big growth stock? (2024)

What is the next big growth stock?

Coinbase, Nvidia, Palantir, and other tech names dominate the list of the year's best stocks. Amid a strong stock market rally in 2023, Coinbase COIN performed best among U.S.-listed stocks covered by Morningstar analysts, as the cryptocurrency exchange platform rebounded from a steep downturn in 2022.

What stock will boom in 2024?

Why Amazon stock could outperform its big-tech peers in 2024
  • Nvidia stock trades at a P/S of 36.7.
  • Microsoft has a P/S of 13.4.
  • Meta Platforms has a P/S of 9.2.
  • Apple has a P/S of 7.5.
  • Alphabet has a P/S of 5.9.
2 days ago

Which stocks will boom in 2023?

Coinbase, Nvidia, Palantir, and other tech names dominate the list of the year's best stocks. Amid a strong stock market rally in 2023, Coinbase COIN performed best among U.S.-listed stocks covered by Morningstar analysts, as the cryptocurrency exchange platform rebounded from a steep downturn in 2022.

What are the best growth stocks right now?

Best-performing growth stocks
CompanyPerformance (Year)
Meta Platforms Inc (META)166.31%
Advanced Micro Devices Inc. (AMD)125.20%
Palo Alto Networks Inc (PANW)113.57%
Uber Technologies Inc (UBER)113.26%
17 more rows
Feb 1, 2024

Which stocks are expected to rise?

10 Best Growth Stocks to Buy Now
StockImplied upside over Jan. 17 close
Exxon Mobil Corp. (XOM)24.8%
AbbVie Inc. (ABBV)11.1%
Chevron Corp. (CVX)13.2%
Salesforce Inc. (CRM)10.5%
6 more rows

Which stock is best for 2025?

10 Multibagger Penny Stocks for 2025
Name of the ShareBook Value (₹)P/E Ratio
Yes Bank14.0876.83
Exide Industries148.6926.17
Bajaj Hindusthan Sugar Ltd33.800
South Indian Bank33.876.19
6 more rows
Dec 20, 2023

Which stock will go up in next 5 years?

The Best Growth Stocks of February 2024
Company (ticker)5-Year Avg. Yearly EPS Forecast
Nvidia Corporation (NVDA)102.5%
Live Nation Entertainment, Inc. (LYV)80.3%
T-Mobile US, Inc. (TMUS)68.0%
Willscot Mobile Mini Holdings Corp. (WSC)36.8%
6 more rows
Feb 1, 2024

Which stock will double in 3 years?

Stock Doubling every 3 years
S.No.NameCMP Rs.
1.Guj. Themis Bio.345.90
2.Refex Industries645.05
3.Tanla Platforms989.45
4.M K Exim India87.90
6 more rows

What stocks have doubled in 2023?

Three AI stocks that did particularly well last year were Nvidia (NVDA -1.60%), C3.ai (AI 7.84%), and Tesla (TSLA 2.23%), all doubling in value in 2023.

What stock has the highest growth potential?

Top growth stocks in 2024
Company3-Year Sales Growth CAGRIndustry
Tesla (NASDAQ:TSLA)39%Automotive
Shopify (NYSE:SHOP)24%E-commerce
Block (NYSE:SQ)16%Digital payments
Etsy (NASDAQ:ETSY)10%E-commerce
6 more rows

What are aggressive growth stocks?

Aggressive growth funds invest in growth stocks with relatively more aggressive projections for revenue and earnings than the standard growth stock universe. Because aggressive growth stock funds are investing based on forward-looking assumptions and multiple growth phases, they can have higher comparable risk.

What are the three best stocks to invest in right now?

Want to Get Richer? Here Are the 3 Best Stocks to Buy Now and Hold Forever
  • Pfizer. Pharmaceutical giant Pfizer (NYSE: PFE) has been in the game for a long time, evolving over the years to become one of healthcare's most active merger and acquisition players. ...
  • UnitedHealth Group. ...
  • Abbott Laboratories.
2 days ago

What are top 10 stocks to buy?

10 Best Shares to Buy Today for Long Term
  • Reliance Industries Limited (RIL)
  • HDFC Bank Limited.
  • Infosys Limited.
  • Titan Company Limited.
  • Larsen and Toubro Limited.
  • Asian Paints Limited.
  • TCS (Tata Consultancy Services) Limited.
  • Bajaj Finance Limited.
3 days ago

What are the top 7 stocks?

The so-called Magnificent 7 stocks -- Apple Inc., Amazon.com Inc., Alphabet Inc. Meta Platforms Inc., Microsoft Corp., Nvidia Corp. and Tesla Inc. -- are driving overall stock-market returns anew in early 2024.

Is NVDA a buy right now?

Nvidia has a conensus rating of Strong Buy which is based on 34 buy ratings, 4 hold ratings and 0 sell ratings. The average price target for Nvidia is $687.09. This is based on 38 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

How do you find high growth stocks?

Look for companies that are experiencing an acceleration in the growth of sales, revenue, and earnings over consecutive quarters. Try to identify increasing sales growth connected to market breakthroughs or the start of a new management team's tenure.

What stocks to buy for next 10 years?

9 Best Growth Stocks for the Next 10 Years
StockForward price-to-earnings ratio (P/E)
Enphase Energy Inc. (ENPH)25.3
Microsoft Corp. (MSFT)30.0
Nvidia Corp. (NVDA)26.6
Tesla Inc. (TSLA)57.6
5 more rows

What are the top 10 stocks to buy for long term?

10 Best Long-Term Stocks to Buy in 2024
Company StockMarket Cap (crore)Profit Growth (CAGR)
HDFC Bank₹11,69,00019.9%
Hindustan Unilever₹6,04,40812.4%
Infosys₹6,79,0008.9%
Reliance Industries₹18,40,00010.2%
6 more rows
Jan 25, 2024

Which penny stock is best to buy?

Top 10 Penny Stocks List 2024
Stock NameMarket Cap (in Cr)5Y Historical Revenue Growth
Vikas Ecotech Ltd₹43811.39
Comfort Intech Ltd₹25243.62
Rajnandini Metal Ltd₹25049.07
G G Engineering Ltd₹20137.82
6 more rows
Jan 1, 2024

What stocks are analysts saying to buy?

The 8 Best Stocks To Buy Now
Company (Ticker)Forward P/E Ratio
Humana (HUM)13.7
Intuitive Surgical (ISRG)58.1
Lear (LEA)7.9
Trex (TREX)36.6
4 more rows

What stocks did JP Morgan pick in 2024?

These picks include Amazon (AMZN), Uber (UBER) and Alphabet (GOOG,GOOGL). J.P. Morgan cites reasonable valuation, proven profitability, and potential for growth as its reasons for picking those stocks.. Yahoo Finance Anchors Brad Smith and Seana Smith break down the stocks and what it could mean for them going forward.

What is the best US stock for 5 years?

Best Performing Stocks Over the Last 5 Years
TickerCompany Name
1SMCISuper Micro Computer
2CELHCelsius Holdings
3SAVACassava Sciences
4ELFe.l.f. Beauty
6 more rows
Feb 1, 2024

Is 2023 a bad year to invest in stocks?

The final quarterly and annual numbers for 2023 were exceptionally good. They translate into substantial annual gains for millions of investors who hold stocks and bonds indirectly, through mutual funds, exchange-traded funds and trusts, often in workplace retirement accounts.

Which is the best stock for next 20 years?

best long term stocks
S.No.NameROCE %
1.Ksolves India171.27
2.Tips Industries88.63
3.Waaree Renewab.83.80
4.Lloyds Metals81.99
23 more rows

Which stocks to buy and hold for 5 years?

Growth stocks for next 5 years
S.No.NameCMP Rs.
1.Brightcom Group19.40
2.Rama Steel Tubes44.00
3.Easy Trip Plann.52.70
4.Radhika Jeweltec62.55
23 more rows

You might also like
Popular posts
Latest Posts
Article information

Author: Dong Thiel

Last Updated: 25/02/2024

Views: 5985

Rating: 4.9 / 5 (79 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Dong Thiel

Birthday: 2001-07-14

Address: 2865 Kasha Unions, West Corrinne, AK 05708-1071

Phone: +3512198379449

Job: Design Planner

Hobby: Graffiti, Foreign language learning, Gambling, Metalworking, Rowing, Sculling, Sewing

Introduction: My name is Dong Thiel, I am a brainy, happy, tasty, lively, splendid, talented, cooperative person who loves writing and wants to share my knowledge and understanding with you.