ELF - 3 Hyper-Growth Stocks That Are Screaming Buys Right Now
2024-07-13 08:00:00 ET
The easiest way to build wealth is to persistently buy shares of growing companies in the stock market and be patient. There is a high correlation between a company's growth and its stock's performance over many years.
And that's why these fool.com contributors believe MercadoLibre (NASDAQ: MELI) , e.l.f. Beauty (NYSE: ELF) , and Sweetgreen (NYSE: SG) are no-brainer buys right now. Read on to find out more about these highfliers, and why they could be poised for more gains.
John Ballard (MercadoLibre): Latin America is one of the fastest-growing e-commerce markets worldwide, and this tailwind sent shares of MercadoLibre soaring over the last decade. The recent dip in the stock is an excellent buying opportunity, as the company continues to report robust growth.
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3 Hyper-Growth Stocks That Are Screaming Buys Right Now