2024-02-15 06:30:00 ET
Many stocks received considerable ire from investors the last few years following pandemic highs, and in some cases, that volatility has been justified. However, it's also important to look beyond share price movements and evaluate the underlying businesses as a whole to determine whether a long-term investment thesis holds true.
Plenty of growth stocks are demonstrating strength from robust businesses that can drive durable returns for investors over the long run. Here are two such names to consider as you add to your basket of stocks this month.
Shares of Airbnb (NASDAQ: ABNB) have had a solid run up of more than 25% over the last year as a series of strong financial reports, bolstered by the ongoing travel resurgence, propelled the business forward. In fact, cross-border nights booked on Airbnb jumped 17% in the third quarter of 2023 compared to the prior-year period.
For further details see:
2 Growth Stocks That Are Absolutely Screaming Buys Right Now