Growth stocks refer to shares of companies that are expected to grow at rates significantly above the average for the stock market as a whole. Over the next five years, analysts predict a median EPS growth rate of 8.5% per year for S&P 500 stocks—the best growth stocks are outpacing this benchmark by a multiple of two to three times or more.
How do I identify growth stocks?
Source: Finviz. Data is current as of July 1, 2024, and is for informational purposes only. You can identify growth stocks using a free stock screener like Finviz — that's how we compiled the list above. It can be helpful to do some holistic research when trying to identify potential growth stocks: What are the larger market trends?
Can growth stocks outperform the market?
Identifying growth stocks involves analyzing market trends and competitive advantages. Growth stocks, while pricier, can outperform the market if chosen wisely early on. Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team.
