2 Smart Growth Stocks to Buy Right Now
Growth stocks, on average, have produced a 13.4% annualized return over the past 15 years, crushing the 8% average annualized return delivered by value stocks, according to S&P Global. In other words, even when accounting for the market crash in 2008, which saw the S&P 500 fall by more than 50%, growth has still outperformed value over the long term.
Of course, growth stocks tend to be more volatile investments, on average too. But if you can handle that volatility, I think it's smart to allocate at least a small portion of your portfolio to growth. With that in mind, Elastic (NYSE: ESTC) and Zoom Video Communications (NASDAQ: ZM) look like smart buys. Let's find out a bit more about these two growth stocks.
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Source Fool.com
