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2 Growth Stocks That Could Outperform the S&P 500 Through 2030


//stocks-investing.news-articles.net/content/202 .. t-could-outperform-the-s-p-500-through-2030.html
Published in Stocks and Investing on Monday, December 16th 2024 at 5:21 GMT by The Motley Fool   Print publication without navigation

  • The stock market has historically returned about 10% per year. If you want to beat the average stock, you should look for solid businesses that are growing earnings per share at above-average rates. Here are two growth stocks that outperformed the S&P 500 over the last five years and can do it again.

The article from The Motley Fool, published on December 16, 2024, discusses two growth stocks, NVIDIA and Tesla, which are expected to outperform the S&P 500 by 2030. NVIDIA is highlighted for its leadership in AI and data center technology, with its GPUs being integral to AI applications, autonomous driving, and other high-performance computing tasks. The company's growth is driven by increasing demand for AI and machine learning, with expectations of continued expansion in data centers and automotive sectors. Tesla, on the other hand, is noted for its advancements in electric vehicles (EVs) and renewable energy solutions. Despite facing competition, Tesla's focus on autonomous driving technology, battery technology, and its expanding product lineup, including the Cybertruck and potential new models, positions it for significant growth. Both companies are seen as having strong fundamentals and market positions that could lead them to significantly outpace the broader market index by the end of the decade.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/16/2-growth-stocks-outperform-sp-500-2030/ ]

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