2 Unstoppable Growth Stocks to Scoop Up With $1,000 Right Now That Could Make You Richer in 2024 and Beyond
Growth stocks may not generate the same returns for investors as they did in the earlier days of the pandemic. However, great companies are still making strides even in the current market and macro backdrop. It's important to understand that much of the supercharged growth many companies saw during the pandemic peak was not only an anomaly against the backdrop of a longer lookback period but also not likely to have been sustainable long term.
As a long-term investor, it's important to look beyond stock price. Ensure that the underlying company you buy is backed by a quality business with a long-term competitive advantage. Consider how the business's financials and position in its respective market give it a runway to grow over a prolonged period.
Here are two such companies you may want to consider for your buy list right now if you have $1,000 to invest.
Source Fool.com
