INSP - The Ultimate Growth Stocks to Buy With $300 Right Now
Long-term investors looking to overcome the effects of inflation can find some satisfaction from quality growth stocks , especially from companies generating triple-digit growth in revenue and share-price appreciation.
Shares of Inspire Medical Systems (NYSE: INSP) , Axsome Therapeutics (NASDAQ: AXSM) , and Abermarle (NYSE: ALB) can all be purchased for under $300. All three companies have had triple-digit percentage revenue and share-price growth over the past five years. Current market tailwinds should help each continue to generate outsized revenue growth. Here's how.
Inspire provides an alternative to continuous positive airway pressure (CPAP) machines for people with sleep disorders. The company, which spun off from Medtronic in 2007, makes an implantable neurostimulator device that is controlled by a small remote. The device monitors a patient's breathing and, when needed, delivers a mild stimulation to the hypoglossal nerve to allow a patient to keep his or her airway open while sleeping.
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The Ultimate Growth Stocks to Buy With $300 Right Now