2024-06-16 03:51:00 ET
Many growth stocks lost their luster over the past two years as inflation, rising interest rates, and other macro headwinds drove investors toward safer investments. But with interest rates set to decline by the end of the year, it might be a good time to shop around for high-growth stocks that could head even higher over the next decade.
For that longer time frame, I think it's a good idea to buy a few "best in breed" stocks across the booming artificial intelligence ( AI ), cybersecurity, and online learning markets. I believe Super Micro Computer (NASDAQ: SMCI) , CrowdStrike (NASDAQ: CRWD) , and Duolingo (NASDAQ: DUOL) are solid plays on those evolving sectors.
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3 Breakout Growth Stocks You Can Buy and Hold for the Next Decade