2 Growth Stocks I'd Buy Right Now
Investing in growth stocks is one of the most effective ways to build wealth. The only problem is that they can be volatile when earnings results don't quite satisfy the high expectations that are usually embedded in their lofty valuations.
But I never sweat these episodes, because I have found that investors have a tendency to underestimate how much particular companies can grow over long periods of time. The strongest companies keep on finding ways to grow, which can lead to huge gains for investors who remain patient through thick and thin.
Two growth stocks I would buy today are MercadoLibre (NASDAQ: MELI) and TE Connectivity (NYSE: TEL). Both companies have plenty of opportunities to keep expanding in their respective markets and should deliver above-average returns.
Source Fool.com