2 Millionaire-Maker Hypergrowth Stocks
Almost any investor can become a millionaire if they start early enough and hold, adding funds consistently. However, it certainly helps to choose top growth stocks that can help that process along. There are plenty of single stocks that have turned individual investors into millionaires, but since you don't know which ones they'll be, instead of hoping to get lucky, you should have a basket of high-potential growth stocks. Nu Holdings (NYSE: NU) and On Holding (NYSE: ONON) are two hypergrowth stocks that are unstoppable and can supercharge your portfolio.
Nu is an all-digital bank based in Brazil, and it's growing like a weed. After several quarters of triple-digit percentage revenue growth, it reached a level of scale where the business looks stable and the profits have started rolling in. It's still reporting regular quarterly growth in the high-double digit percentages, along with consistent positive net income.
It's enjoying many growth drivers, and there's no reason to think this will stop anytime soon. If anything, it has built itself up into a formidable player in Latin American banking, and its strength in its industry makes it difficult to challenge.
Source Fool.com
