27.12.2024 15:37:00

2 Brilliant Growth Stocks to Buy Now and Hold for the Long Term

As 2024 comes to an end, many investors are reviewing their portfolios and thinking about what stocks to buy in the new year. While it's not as simple as it sounds, one time-tested strategy is to buy the best companies and hold them for the long term.Many investors like to invest in growth stocks, hoping that the business's financial performance translates into stock performance for the shareholders. Here are two companies that are leaders in their industries. Both have competitive advantages that have helped produce strong historical performance and should position them for continued success in the future.Shopify (NYSE: SHOP) seeks to be the one-stop shop for businesses of all sizes to create a web presence that helps build a successful retail company. It provides businesses with a customer-friendly website that's intuitive to use and leads to sales, plus a robust back-end suite of products that facilitate important business functions like payment processing, inventory management, and shipping.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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