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Investing in growth stocks can be risky, but it can also lead to outsized returns when buying the right kind of company. Alteryx(NYSE: AYX), DocuSign(NASDAQ: DOCU), and MercadoLibre(NASDAQ: MELI) are all executing well, serving huge markets, and have created a loyal customer following.
These three have a ton of momentum, and the market has rewarded investors with gains between 69% and 102% year-to-date. But there's still plenty of opportunity for those with a long-term mindset. Before we review each of them individually, let's look at some key metrics for the bunch.