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


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Published in Stocks and Investing on by Thomas Matters   Print publication without navigation

Growth stocks can give you the best bang for your buck when it comes to growing your wealth to better prepare for retirement. Such companies can steadily grow their earnings and cash flows, garnering them higher share prices over time.

The article from MSN Money discusses three growth stocks recommended for long-term investment: Datadog (NASDAQ: DDOG), CrowdStrike (NASDAQ: CRWD), and The Trade Desk (NASDAQ: TTD). Datadog provides cloud-based monitoring and analytics, showing a 25% year-over-year revenue increase in Q3 2023, with expectations of continued growth due to its expanding customer base and new product offerings. CrowdStrike, known for its cybersecurity solutions, reported a 35% revenue growth in the same quarter, driven by the increasing demand for cloud security. The Trade Desk, an ad tech company, has seen a 25% revenue rise, benefiting from the shift towards digital advertising and its innovative platform, Unified ID 2.0, which aims to replace third-party cookies. All three companies are highlighted for their strong market positions, innovative technologies, and potential for sustained growth, making them attractive for investors looking to hold stocks for the long term.

Read the Full MSN Article at [ https://www.msn.com/en-us/money/top-stocks/3-brilliant-growth-stocks-to-buy-now-and-hold-for-the-long-term/ar-AA1uMBrZ ]

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