Second-quarter 2021 earnings reports are rolling in -- the first full quarter in which early pandemic results from 2020 are being lapped -- and the numbers look exceptionally good. Top growth stocks didn't just get a one-time bump from COVID-19 and the rapid migration to digital transformation it set off. Many of these companies are still putting up impressive results even as they go up against tough comparable figures from last spring that were boosted from increased consumer and business activity while at home.
With this in mind, PayPal (NASDAQ: PYPL) , Amazon (NASDAQ: AMZN) , and Lam Research (NASDAQ: LRCX) look like great buys after a muted response from many investors following Q2 updates. Here's why three Fool.com contributors think so.
Nicholas Rossolillo (PayPal): After an epic run in 2020, pressure has been mounting for companies like PayPal (and its subsidiary Venmo) to prove the boom in business they got during economic lockdowns last year was more than a fleeting fad. While the response to Q2 earnings was ho-hum, PayPal went a long way toward proving its digital financial services are here to stay.
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3 Top Growth Stocks to Buy After Q2 Earnings