Three hot growth stocks to consider for long-term gains: DraftKings, Palantir Technologies, and Coinbase.

From Nasdaq Corporation

July 23, 2024 06:17:00 AM:

Growth stocks are top performers due to rapid growth and market dominance. DraftKings (DKNG) saw a 53% revenue jump in Q1 and expects up to $5 billion revenue for the year, making it a strong growth stock with room to grow. Palantir Technologies (PLTR) has diversified its portfolio and seen impressive revenue growth, up 74% YOY. Coinbase (COIN) reported $1.64 billion revenue and 300% YOY EPS growth, benefiting from the crypto market’s rise. DKNG, PLTR, and COIN are hot growth stocks worth considering for long-term gains.

Read more at NASDAQ: 3 Hot Growth Stocks to Buy in July