From Nasdaq:

In 2023, the Nasdaq Composite lost 33% but has since gained nearly 57%, indicating the start of a new bull market on Wall Street. Investors can still find great deals in growth stocks, such as Meta Platforms, which boasts a user base of close to 4 billion and strong cash flow, proving it is a worthwhile investment.

Exelixis, a cancer-drug developer, offers predictable cash flow and is examining its top drug in more than five dozen clinical trials. With a healthy balance sheet and expected quadrupling of EPS in the next four years, Exelixis is a promising growth stock in the current bull market.

Cybersecurity company SentinelOne has seen its key performance indicators trend positively, with fourth-quarter sales up 38% and recurring revenue rising by 39%. With subscription-driven revenue and a focus on larger customers, SentinelOne is positioned for recurring profits in fiscal 2025 and potential revenue tripling in the next four years.

Pinterest, a social media up-and-comer, has seen a record 498 million monthly active users and a growing ad-pricing power. With a unique advertising model that does not rely heavily on data-tracking tools, Pinterest is well-positioned for success. Its robust cash position and attractive valuation make it a compelling growth stock in the new Nasdaq bull market.



Read more at Nasdaq: 4 Magnificent Growth Stocks You’ll Regret Not Buying in the New Nasdaq Bull Market