From Nasdaq: 2024-05-31 07:30:00

Growth stocks have significantly outperformed value stocks in recent years, with the Vanguard Growth ETF boasting an annualized return of 15.2% compared to 10.2% for the Vanguard Value ETF. Three growth stocks poised for success include The Trade Desk, Visa, and Amazon.

The Trade Desk (NASDAQ: TTD) has seen its shares double in value over the last 18 months, thanks to the booming digital advertising market. Partnerships with streaming services like Disney and Netflix have boosted revenue growth by 28% year over year.

Visa (NYSE: V) operates a vast payment network, generating $8.8 billion in revenue and returning over $3.8 billion to shareholders in its most recent quarter. With shares outstanding decreasing by about 19% over the last 10 years, the company is positioned for continued growth.

Amazon (NASDAQ: AMZN) is thriving due to efficient operations and fast order fulfillment. The company is generating record free cash flow and continues to experience revenue growth. Despite upcoming investments in AI capabilities for AWS, analysts expect Amazon to sustain double-digit revenue growth through 2025.

Consider investing in Visa for long-term growth potential, as recommended by The Motley Fool Stock Advisor analyst team. The service provides valuable insights and stock picks, with a history of significantly outperforming the S&P 500 and generating substantial returns for investors. John Mackey, former CEO of Whole Foods Market and Amazon board member, is also a contributing member of The Motley Fool.



Read more at Nasdaq: 3 Exceptional Growth Stocks to Buy Hand Over Fist Right Now