2 Top Growth Stocks That Are Screaming Buys Right Now
The last three years have seen a pandemic-driven market crash turn into a soaring (nearly bull) market, only for rising inflation and weak consumer spending to send stocks back down again. There's a lot of uncertainty about what happens next for the economy and the stock market, but investors with a long time horizon can still put money to work.
The most important factor in building wealth is persistent saving and investing regardless of the broader economy. Regularly adding money to a group of businesses that consistently grow their sales and profits is all it takes.
(NYSE: CHWY) and Ulta Beauty (NASDAQ: ULTA) have already demonstrated above-average growth in recent years, but the market could be undervaluing their future growth over near-term weakness in the economy. Investors can now buy shares of these two growth stocks at attractive valuations that could set up a long run of explosive returns down the road.
Source Fool.com
Chewy Inc Stock
The stock is one of the favorites of our community with 30 Buy predictions and 3 Sell predictions.
With a target price of 28 € there is a hugely positive potential of 87.57% for Chewy Inc compared to the current price of 14.93 €.
