WORK - 3 Top-Notch Growth Stocks I Just Bought
Following the market crash in February and March brought on by the coronavirus pandemic, stocks have rebounded sharply -- especially high-growth tech stocks. So, why consider buying those stocks now? From time to time, strong price action simply reflects underlying business execution and an improved outlook for the long-term growth story. I believe that's the case for these three stocks.
For CrowdStrike (NASDAQ: CRWD), Slack Technologies (NYSE: WORK), and Twilio (NYSE: TWLO), shares still look attractive today -- even after their recent run-ups. Not only are their revenues and profit margins improving quickly, but the temporary lockdowns across the globe have accelerated the need for digital transformation in business, making cloud-first software-as-a-service (SaaS) stocks CrowdStrike, Slack, and Twilio more relevant than ever.
Here's a look at why I've been building positions in these three growth stocks.