2 Growth Stocks to Buy Before They Soar in 2024
There's no surefire way to know which stocks will generate excellent long-term returns for their shareholders. Any such forecast is even cloudier when you're looking at smaller time frames like a year or two.
Yet, an investor can still maximize their chances of picking long-term winners. Putting several high-performing growth stocks in your portfolio will help, especially if the companies are showing impressive operating momentum in expanding markets. Two great examples today are Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP). Let's look at a few compelling reasons to buy these tech stocks today.
Amazon will issue its first official 2024 outlook as part of its fourth-quarter earnings release in early February. But investors don't have to wait until then to buy this stellar growth stock.
Source Fool.com
Shopify Inc Stock
Currently there is a rather positive sentiment for Shopify Inc with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 33.17% compared to the current price of 56.32 € for Shopify Inc.
