Here's 1 Great Growth Stock That No One Is Talking About
Investors can find stellar growth stocks in any industry if they know where to look. Some of the best growth stocks are those operating in overlooked industries, like insurance.
Ignoring the investment potential in this industry is a mistake. While insurance companies may not be as flashy as technology stocks or offer potentially huge future industry growth like cannabis stocks, they still deserve a spot in your portfolio. In fact, one of Warren Buffett's favorite industries to invest in is insurance because insurance companies tend to be cash-generating machines.
One under-the-radar growth stock is Kinsale Capital (NASDAQ: KNSL), an insurer that focuses on hard-to-place risk. As a result, the company has done an excellent job achieving high profit margins and impressive earnings growth. It's a growth stock you don't want to miss out on.
Source Fool.com
