3 of the Best Growth Stocks to Buy in May
The bull market hasn't arrived yet, but when it does, growth stocks could be hot buys again. Three growing businesses stand out to me as good buys for investors to consider right now: UnitedHealth Group (NYSE: UNH), Shopify (NYSE: SHOP), and Airbnb (NASDAQ: ABNB). All three have bright futures, and investors shouldn't count on these businesses slowing down anytime soon. Here's a closer look at each one.
UnitedHealth Group may not sound like your typical growth stock but this health insurer is a potential growth beast. Consider that since 2019, the company has grown its top line by 34%. And its bottom line has jumped by an even more impressive rate of 45%.
Health insurance coverage is a necessity, and with Baby Boomers retiring and the demographics of the U.S. changing and becoming older, this is a business that could see more demand for its products and services, leading to even better financials.
Source Fool.com
UnitedHealth Group Inc. Stock
The stock is one of the favorites of our community with 33 Buy predictions and 1 Sell predictions.
As a result the target price of 543 € shows a slightly positive potential of 12.54% compared to the current price of 482.5 € for UnitedHealth Group Inc..
