2023-10-24 11:44:00 ET
There are three broad categories that stocks generally fit into: value, dividend, and growth. While they all stand out in their own right, growth stocks tend to get a lot of attention. It's understandable when you consider the romanticized stories of investors enjoying incredible returns thanks to the "next big thing."
Investors shouldn't buy growth stocks expecting to get rich quickly. Instead, they should invest with a long-term approach , aiming for their stocks to outperform the broad market over time. Here are three growth stocks that fit that criteria.
Snowflake (NYSE: SNOW) is a data warehousing company that makes it easy for companies to store, manage, and analyze data across dozens of some of the world's most popular data and cloud platforms . It differs from other data analytics companies because it offers a cloud-first approach that makes scalability and real-time data sharing as simple as one could hope for at this stage in big data's journey.
For further details see:
3 Growth Stocks to Buy That Could Be Massive Long-Term Winners