Although value stocks have been the better ultra-long-term investment opportunity, in comparison to growth stocks, the past decade has belonged to high-growth companies. The persistent low-interest rate environment has given high-growth businesses an opportunity to borrow at a low cost, thereby fueling top-line sales increases. With the Federal Reserve seemingly intent on keeping rates low for the foreseeable future, this might mean the good times are here to stay for growth stocks.
The big question, of course, is what growth stocks you should own as we drive headlong into a new year (and decade). After scouring the market, the following mix of large-, mid-, and small-cap growth stocks should help to fatten up your portfolio by year's end.
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