Why Smart Investors Should Pay Attention to This Small Growth Stock
Revolve Group's (NYSE: RVLV) share price has more than doubled so far in 2021, and it could repeat that performance over the next few years. With young people opening their wallets to splurge on new clothes coming out of the pandemic, investors could be underestimating near-term demand trends heading into 2022.
Piper Sandler's semiannual Generation Z survey recently showed that clothing is the top spending priority for the first time since 2014. The survey is based on the responses of 10,000 U.S. teens and gives investors a good barometer on where the next generation is spending more of their time and money, which can point to investment opportunities.
Here's why Revolve is perfectly suited to not only enjoy strong near-term growth, but why it's also built to deliver industry-leading growth for many years.
Source Fool.com
