The COVID-19 pandemic has muddied the picture for growth investors. By reordering consumer spending priorities around the world, it has produced record sales gains for typically slow growers like retailers and packaged food giants. At the same time, businesses that support remote work or the in-home delivery of entertainment are now stars on Wall Street.
Smart investors know that the best businesses to buy today are those with durable competitive advantages that were only amplified by the changes brought on by the pandemic. Those assets should help stocks like Wayfair (NYSE: W) , Nike (NYSE: NKE) , and Boston Beer (NYSE: SAM) outperform the market regardless of what comes next.
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3 Growth Stocks for In-the-Know Investors