3 Red-Hot Growth Stocks to Buy in 2023 and Beyond
Many investors have an understandable aversion to growth stocks that have become hits on Wall Street. That's because soaring optimism can be detrimental to your returns due to the rising valuation it brings. And the fact that companies frequently fall short of these elevated expectations boosts the risk that you'll purchase shares just before sentiment turns negative.
Yet some growth stocks are trendy for good reasons that extend beyond simply rising sales. Focusing on businesses that bring more to the financial party, including strong cash flow, market share, and profit margins, can limit your risk of overpaying for hype. Let's look at a few prime examples of popular growth stocks worth adding to your watchlist today.
It's not hard to see why Lululemon (NASDAQ: LULU) has bucked the negative stock-return trend in the retailing industry this year. The athleisure specialist last reported a blistering 20% second-quarter sales increase compared to the 2% uptick that Nike announced. That boost was partly due to its increasing store base, but Lululemon also achieved 9% higher sales at its existing locations.
Source Fool.com
Lululemon Athletica Inc. Aktie
Die Lululemon Athletica Inc. Aktie steht recht gut da: Mehr Buy- als Sell-Einschätzungen in der Community.
Das von der Community festgelegte Kursziel von 457 € für Lululemon Athletica Inc. bedeutet eine mögliche Steigerung um über 50% im Vergleich zu 292.9 €.
