SYM - 3 Hypergrowth Stocks to Buy in 2024 and Beyond
2024-07-03 04:39:00 ET
Many hypergrowth stocks soared in 2021 as stimulus checks, social media buzz, and commission-free trading apps brought in legions of new investors. But over the following two years, many of those stocks crumbled as rising rates compressed their valuations, highlighted their losses, and drove investors toward more conservative investments.
But today, many of those hypergrowth stocks look reasonably valued relative to their growth. I believe three of those names -- Palantir (NYSE: PLTR) , Symbotic (NASDAQ: SYM) , and SentinelOne (NYSE: S) -- are still worth buying right now.
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3 Hypergrowth Stocks to Buy in 2024 and Beyond