Three growth stocks to consider for potential gains, including Nvidia and e.l.f. Beauty.

From Nasdaq: 2024-05-31 18:34:00

Growth investing is popular, with investors targeting companies expected to grow earnings and revenues above average. However, these stocks can face increased volatility due to unforeseen circumstances.

Nvidia, e.l.f. Beauty, and Wingstop are strong growth stocks to consider. Nvidia’s quarterly earnings and revenue grew significantly, with a 430% increase in Data Center sales. E.l.f. Beauty posted double-digit sales growth consistently. Wingstop’s earnings are expected to grow by 37% this fiscal year.

All three stocks have a favorable Zacks Rank, reflecting analysts’ optimism. Investors interested in growth opportunities should consider these stocks for potential gains.



Read more at Nasdaq: 3 Stocks to Buy for Big Growth