MNDY - 2 Explosive Growth Stocks to Buy in 2023 and Beyond
2023-09-24 08:30:00 ET
One strategy for finding wealth-building investments is to search for companies that are growing their revenue at high rates. That might seem overly simplistic, but there's a strong correlation between a company's revenue growth and stock performance over many years. Top-line growth says a lot about the value of its product and its future market opportunity.
Two examples of such companies are Monday.com (NASDAQ: MNDY) and Global-E Online (NASDAQ: GLBE) . These are fast-growing, mid-cap stocks serving large markets, and they could be very rewarding investments.
Monday.com offers a cloud-based platform called WorkOS that helps companies design custom apps for specific tasks. Teams can import external data and collaborate with others all from within a centralized workflow app on Monday's platform.
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2 Explosive Growth Stocks to Buy in 2023 and Beyond