Forget GameStop and AMC: Buy These 2 Growth Stocks Instead
Meme stocks GameStop and AMC Entertainment are flying high again with their shares up over 30% in the past month while the S&P 500 has risen by a more modest 6%. But rather than getting caught up in what has been a volatile cycle involving these two stocks over the past year, there are better, more sound growth investments that you should consider for your portfolio.
Jazz Pharmaceuticals (NASDAQ: JAZZ) and Alibaba (NYSE: BABA) are two stocks that I would buy before even considering taking a chance on GameStop or AMC. Their businesses look promising over the long run and the stocks trade at modest earnings multiples.
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Source Fool.com
