3 Growth Stocks I'd Buy Right Now
Spotify (NYSE: SPOT), Carvana (NYSE: CVNA), and Netflix (NASDAQ: NFLX) are three rapidly growing companies that I'd buy right now. Here's why.
Spotify shares have been on a massive tear since they bottomed around $118 per share in March during the initial COVID-19 panic. Since then, they have soared 97% to $231 per share as of this writing.
Some of that has been due to a solid first-quarter earnings report that showed continued strong growth and minimal disruption from the effects of COVID-19. But the big news lately that sent the stock up 19% in May was the signing of Joe Rogan to a multiyear exclusive podcast deal. And more recently, the stock has surged higher due to the signing of Kim Kardashian and the DC Comics universe to exclusive podcast deals as well.
Source Fool.com
