FOUR - 4 Top Tech Stocks That Are Achieving the Best of Both Worlds -- Growing at Over 30% and Maintaining Profitability
2024-03-18 09:45:00 ET
For decades, investors have debated whether growth or value stocks are better. But it's a false dichotomy. Investors often wrongly assume that all fast-growing companies just burn cash to gain market share -- and only after a company reaches scale can it pull the profitability lever.
But it's just not true. Some companies are able to achieve the best of both worlds: growth and profitability. Admittedly, they're not easy to find, but here are four companies growing revenue north of 30% and simultaneously earning real net profits.
Let's take a closer look at cybersecurity specialist CrowdStrike (NASDAQ: CRWD) , learning app Duolingo (NASDAQ: DUOL) , fintech company Shift4 Payments (NYSE: FOUR) , and app monetization platform AppLovin (NASDAQ: APP) .
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4 Top Tech Stocks That Are Achieving the Best of Both Worlds -- Growing at Over 30% and Maintaining Profitability