Companies don't consistently beat the market by following the well-beaten path. Instead, they create value for their shareholders by tackling existing markets in exciting new ways. Amazon (NASDAQ: AMZN) and Revolve Group (NYSE: RVLV) fit the bill as they revolutionize the e-commerce and cloud computing industries. Keep reading to find out why these stocks could supercharge your investment portfolio.
With consistent double-digit growth and a proven blue-chip business , Amazon has the best of both worlds. And despite weaker-than-expected second-quarter earnings , the e-commerce giant can maintain its long-term success through the continued dominance of its industry-leading cloud computing business, Amazon Web Services (AWS).
Second-quarter revenue grew 27% to $113 billion, which isn't too shabby for what is already the third-largest company on earth by sales. Amazon expects third-quarter revenue of $106 billion to $112 billion, which at the midpoint is up 13% against the prior year but below the consensus estimate of $119 billion.
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