2 Hypergrowth Stocks to Buy in 2022 and Beyond
The Nasdaq Composite has rallied over the last month following its worst start to the year in decades. While no one knows what comes next in 2022, it can be said with some certainty that owning growing companies for many years leads to wealth-building gains. What better way to set a solid foundation for retirement than to own shares of some of the fastest-growing companies in the market?
Advertising platform provider The Trade Desk (NASDAQ: TTD) and database leader MongoDB (NASDAQ: MDB) are experiencing strong demand for their services right now. Here's why these two stocks are solid picks to ride out the storm.
The shift to digital advertising is a ripe field to seek out growth stocks, but it's such a wide-open market you have to know where to look. The sweet spot right now is connected TV, which is expected to see ad spending more than double to $38 billion by 2026, according to Statista. Brands and content owners are increasingly allocating resources to connected TV platforms instead of Alphabet's Google.
Source Fool.com
