The Smartest Growth Stock to Buy With $3,000 Right Now

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Wed, November 27, 2024

[ Wed, Nov 27th 2024 ]: Thomas Matters

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[ Tue, Nov 26th 2024 ]: Thomas Matters

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The Smartest Growth Stock to Buy With $3,000 Right Now

//stocks-investing.news-articles.net/content/202 .. st-growth-stock-to-buy-with-3-000-right-now.html

Published in Stocks and Investing on Wednesday, November 27th 2024 at 6:00 GMT by

Thomas Matters

Growth stocks have outperformed lately as the S&P 500 Growth index returned 37.9% over the last year through Nov. 22. Fortunately, Amazon (NASDAQ: AMZN) still has strong growth potential. While sales likely won't grow at that breakneck pace,

The article from AOL discusses the potential of investing in growth stocks, particularly focusing on a company named Celsius Holdings (CELH). Celsius, known for its energy drinks, has shown remarkable growth with its stock soaring over 5,000% in the last five years. The article highlights that despite this massive increase, Celsius still has significant growth potential due to its expanding market share in the energy drink sector, which is currently dominated by giants like Monster and Red Bull. Celsius differentiates itself with a focus on health-conscious consumers, offering drinks that boost metabolism and burn body fat. The company's recent financial performance has been strong, with a 95% year-over-year revenue increase in the last reported quarter, and it has managed to secure distribution deals with major retailers like Walmart and Costco. The article suggests that while the stock's valuation is high, the growth trajectory and market positioning make it an attractive option for investors looking for growth stocks in 2023.

Read the Full AOL Article at [ https://www.aol.com/smartest-growth-stock-buy-3-092800960.html ]