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Two people celebrating with cash in a car
A tried and tested way of making money in the stock market is buying and holding solid companies for the long run. This strategy allows investors to capitalize on secular growth trends and helps them benefit from the power of compounding.
However, investors looking for outsized gains may want to look for fast-growing companies that have the potential to outperform the broader market. This is where growth stocks come in. Typically, companies that have developed disruptive products are capable of increasing their revenue and earnings at a much faster pace than the markets in which they operate, and this allows them to deliver above-average returns.
The following are three such companies that are growing at an impressive pace and also seem capable of sustaining their momentum in the long run, leading to potentially healthy gains for investors.
1. Confluent
Confluent (NASDAQ: CFLT) is scratching the surface of a massive opportunity within the data…
2023-12-21 09:47:00
Article from finance.yahoo.com
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