3 Growth Stocks for Shrewd Investors
Investors who have been around the block once or twice know that outstanding growth stocks aren't always those with the most fanfare. With that in mind, we've unearthed a few stocks for shrewd investors across multiple industries that warrant consideration. They include data-security provider FireEye (NASDAQ: FEYE), mining-leader Barrick Gold Corp (NYSE: ABX), and sports-and-recreation retailer Vista Outdoor (NYSE: VSTO).
Tim Brugger: (FireEye) For investors with an eye toward the future, data-security upstart FireEye is positioned for long-term growth. FireEye's 3% increase in revenue last quarter was a pleasant surprise, and helped drive its already-rising stock price up even further. But it was the execution of FireEye's expense-management and efficiency initiatives that makes it a growth stock for shrewd investors.
When CEO Kevin Mandia took the reins last summer, he immediately pared a bloated workforce -- primarily sales and marketing staff -- and implemented a shift from FireEye's reliance on new sales to building cloud-based, recurring revenue via software subscriptions.
Source: Fool.com
