2 Hypergrowth Stocks to Buy in 2023 and Beyond
The stock market is a happy hunting ground for investors so far this year, with the S 500 up 24.7% from bear market lows hit last October, driven mainly by technology stocks that have benefited from the artificial intelligence (AI) craze in 2023.
The S 500 is up 13% so far this year, the tech-laden Nasdaq-100 Technology Sector index has soared 36% over the same timeframe. The broader stock market's gains have also lifted the likes of (NASDAQ: CRWD) and Zscaler (NASDAQ: ZS), two fast-growing companies that are set to capitalize on massive end-market opportunities.
While CrowdStrike stock has soared 36.5% so far this year, Zscaler is up 27.6%. Let's look at the reasons why these high-flying stocks are likely to sustain their upward momentum in 2023 and beyond.
Source Fool.com
CrowdStrike Holdings Inc Stock
The stock is an absolute favorite of our community with 120 Buy predictions and no Sell predictions.
At the moment CrowdStrike Holdings Inc has reached the predicted target price of 367 €, with a current price of 363.75 €.
