3 High-Growth Stocks That Could Soar
The pandemic saw the acceleration of certain consumer trends that could arguably be described as secular in nature. And companies offering products or services that drove these unique trends have benefited immensely. But most importantly, these benefits are unlikely to reverse even if there is a decisive end to the pandemic.
For example, pets become part of the family and continue to need care and maintenance, exercise equipment -- especially those that generate recurring revenue streams to the manufacturer -- cannot be returned after the return window, and there is little reason to delete a social media account if its value proposition is high for the account holder. Peloton (NASDAQ: PTON), Pinterest (NYSE: PINS), and Chewy (NYSE: CHWY) are three companies experiencing rapid secular growth in their respective fields that should continue for a long time.
Source Fool.com
