2 Top Growth Stocks to Buy in December
Growth stocks are shares in companies that increase their revenue, earnings, and often stock price faster than average. These stocks are popular because they offer the potential for outsized returns over the long term. Roku (NASDAQ: ROKU) and Revolve Group (NYSE: RVLV) are two companies that meet that growth-stock definition well and have been strong performers in 2020.
Let's dig a little deeper to find out why these two growth stocks could make great buys in December.
More and more television consumers are transitioning from cable to subscription video on demand (SVOD) and streaming in 2020. Roku offers investors an excellent opportunity to bet on this megatrend because of its dominant 30% market share in connected TV devices, according to analytics company Statista. But Roku's biggest growth driver is actually in digital advertising -- reported as part of its platform revenue segment which represents over 70% of overall revenue.
Source Fool.com
