Got $5,000? These Are 2 of the Best Growth Stocks to Buy Right Now
Over the past few years, it's been hard to ignore the stocks that have doubled, tripled, or more in a short period of time. After all, the allure of making a lot of money quickly has been warping human behavior since at least the 17th century. But speculation rarely works out.
Instead, investing in businesses that grow steadily is a more sustainable way to build wealth over time. That's especially true for in-demand consumer brands with staying power. And Lululemon Athletica (NASDAQ: LULU) and Chipotle Mexican Grill (NYSE: CMG) are good examples. Here's why I think the stocks are great places to put $5,000 to work now.
The power of compounding is amazing. Even modest annual gains can lead to tremendous growth over time, if you invest consistently.
Source Fool.com
