5 of the Fastest-Growing Stocks On the Planet
I love revenue growth -- it's one of my favorite financial metrics. But you can't look at that number in isolation. For instance, AMC Entertainment (NYSE: AMC) reported 2,252% revenue growth in its most recent quarter. But its massive debts and huge earnings losses make that stock a "no way" for me.
AMC gives us a clue as to why revenue growth might be spiking for many companies right now. Last year at this time, the COVID-19 lockdown was crushing a lot of stocks, with revenues dropping to near-zero for many companies. So the comps for movie theaters and hotels are spiking off the charts. While some of these stocks are "turn around" stories, all of the stocks in this article have strong financials and are way safer than AMC. Here's my list of five super-fast growers that ought to be wonderful investments going forward.
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Source Fool.com
