AYX - 3 High-Growth Stocks That Could Soar
The summertime financial news is awash with geopolitical tension, inverted yield curves, and "plunging" stock markets. In spite of the negativity, though, the economy continues to chug along, and whether a recession is nigh (and how bad it will be if there is one) is really anyone's guess.
Downturn or not, there are businesses out there posting robust growth with plenty of room to keep going. Three of our Motley Fool contributors think that Alteryx (NYSE: AYX), Tucows (NASDAQ: TCX), and NV5 Global (NASDAQ: NVEE) are worth a look.
Nicholas Rossolillo (Alteryx): It's been a busy year for data science and analytics companies. New technologies like AI and connected equipment are making it easier than ever for businesses to monitor operations and gain insight on what's going on. Huge growth has followed for the analytics subset of the technology sector, and larger software outfits have been taking notice. Google parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) and salesforce.com (NYSE: CRM) both dropped billions to acquire Looker and Tableau Software, respectively, earlier in the year.