The 10 Best Growth Stocks to Buy Now in May | The Motley Fool (2024)

Free Article

You're reading a free article with opinions that may differfrom The Motley Fool's Premium Investing Services. Become a Motley Fool member today toget instant access to our top analyst recommendations, in-depth research, investing resources,and more. Learn More

By Parkev Tatevosian, CFA–May 3, 2024 at 3:05AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more.Learn More

Investing in growth stocks can be an excellent strategy to boost your long-term wealth.

Fool.com contributor Parkev Tatevosian has identified 10 growth stocks that offer long-term investors an excellent value.

*Stock prices used were the afternoon prices of April 30, 2024. The video was published on May 2, 2024.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has positions in Alphabet and PayPal. The Motley Fool has positions in and recommends Alphabet, Amazon, Chewy, Fiverr International, Fortinet, Nvidia, PayPal, Salesforce, and Uber Technologies. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

The 10 Best Growth Stocks to Buy Now in May | The Motley Fool (2024)

FAQs

The 10 Best Growth Stocks to Buy Now in May | The Motley Fool? ›

The Motley Fool has positions in and recommends Alphabet, Amazon, Chewy, Fiverr International, Fortinet, Nvidia, PayPal, Salesforce, and Uber Technologies. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal.

What are the top 10 stocks to buy right now? ›

Sign up for Kiplinger's Free E-Newsletters
Company (ticker)Analysts' consensus recommendation scoreAnalysts' consensus recommendation
Amazon.com (AMZN)1.29Strong Buy
Nvidia (NVDA)1.33Strong Buy
Microsoft (MSFT)1.33Strong Buy
Bio-Techne (TECH)1.39Strong Buy
21 more rows

What are the best growth stocks to buy now? ›

Understanding growth stocks
CompanyQuarterly revenue growth (Year over year)Dividend yield
Microsoft (MSFT)17.60%0.70%
Apple (AAPL)2.10%0.56%
Alphabet (GOOGL)13.50%N/A
Amazon (AMZN)13.90%N/A
3 more rows
May 17, 2024

Which stock will boom in 2024? ›

Best Stocks to Invest in India 2024
S.No.Top 5 StocksIndustry/Sector
1.Tata Consultancy Services LtdIT - Software
2.Infosys LtdIT - Software
3.Hindustan Unilever LtdFMCG
4.Reliance Industries LtdRefineries
1 more row
May 6, 2024

What stock has the highest return on investment? ›

Best stocks by one-year performance
CompanyPerformance (Year)
Broadcom Inc (AVGO)105.21%
United Rentals, Inc. (URI)97.60%
Deckers Outdoor Corp. (DECK)95.91%
Trane Technologies plc (TT)94.43%
17 more rows
6 days ago

What is the Motley Fool's top 10 stocks? ›

The Motley Fool has positions in and recommends Alphabet, Amazon, Chewy, Fiverr International, Fortinet, Nvidia, PayPal, Salesforce, and Uber Technologies.

What is the hottest stocks right now? ›

Most Actives
SymbolNamePrice (Intraday)
NVDANVIDIA Corporation1,064.69
INTCIntel Corporation30.72
BABAAlibaba Group Holding Limited81.26
FFord Motor Company12.16
21 more rows

What are the three best stocks to invest in right now? ›

3 Stocks to Buy and 3 Stocks to Sell After Earnings
  • NXP Semiconductors NV. (NXPI)
  • ServiceNow Inc. (NOW)
  • Amgen Inc. (AMGN)
  • Realty Income Corp. (O)
  • Berkshire Hathaway Inc Class A. (BRK.A)
May 6, 2024

Which stock is growing very fast? ›

FAST GROWING STOCK
S.No.NameROCE %
1.Coal India65.11
2.Dr Reddy's Labs26.86
3.Bajaj Holdings13.07
4.P I Industries23.81
23 more rows

What are the fastest growing stocks today? ›

Gainers Today
No.SymbolMarket Cap
1ONMD54.86M
2IPW60.53M
3MRUS3.52B
4OKLO1.24B
16 more rows

Which stocks will double in 2024? ›

Trending Growth Stocks List in 2024
Stock NameSub-Sector5Y Avg Return on Investment (%)
JK Paper LtdIT Services & Consulting20.26
Allcargo Logistics LtdMetals - Diversified10.36
Oil India LtdHome Electronics & Appliances18.84
Caplin Point Laboratories LtdSoftware Services29.26
6 more rows
Apr 25, 2024

What are the 10 best penny stocks to buy? ›

What are the Top Penny Stocks?
  • G G Engineering Ltd. ...
  • Globe Textiles (India) Ltd. ...
  • Growington Ventures India Ltd. ...
  • Aakash Exploration Services Ltd. ...
  • Debock Industries Ltd. ...
  • Kenvi Jewels Ltd. ...
  • Gautam Gems Ltd. ...
  • Vivanta Industries Ltd. On March 19, 2024, Vivanta Industries' stock was priced at Rs. 3.95.
May 14, 2024

What shares are going to boom? ›

growth stocks for future
S.No.NameCMP Rs.
1.Ksolves India1145.65
2.Tips Industries461.80
3.Remedium Life102.75
4.Jyoti Resins1388.60
23 more rows

Which stocks doubled in one year? ›

one year double stocks
S.No.NameROCE %
1.Tanla Platforms38.13
2.I T D C31.27
3.Fine Organic29.06
4.TCI Express26.62
23 more rows

What is the safest investment with the highest return? ›

These seven low-risk but potentially high-return investment options can get the job done:
  • Money market funds.
  • Dividend stocks.
  • Bank certificates of deposit.
  • Annuities.
  • Bond funds.
  • High-yield savings accounts.
  • 60/40 mix of stocks and bonds.
May 13, 2024

What is the magnificent 7 stocks? ›

Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the middle part of the second quarter of 2024 showed a big divergence of returns.

What are the top 5 shares to buy today? ›

Today's Poll
  • Stock to buy today: Federal Bank (₹164.60): BUY.
  • Stock to buy today: PNC Infratech (₹368.35): BUY.
  • Stock to buy today: Latent View Analytics (₹466.75): BUY.
  • Stock to buy today: Unichem Laboratories (₹454.70): BUY.
  • Stock to buy today: NCC (₹170.70): BUY.
  • Stock to buy today: EIH (₹265.55): BUY.

What are the top 5 stocks? ›

Best S&P 500 stocks as of May 2024
Company and ticker symbolPerformance in 2024
Super Micro Computer (SMCI)202.1%
NVIDIA (NVDA)74.5%
Constellation Energy (CEG)59.1%
General Electric (GE)58.6%
6 more rows

What stocks are the best value right now? ›

Comparison Results
NamePriceVolume
GM General Motors$44.117.37M
IBM International Business Machines$170.892.59M
PFE Pfizer$28.8822.59M
ABBV AbbVie$157.063.69M
5 more rows

What is the best stock to invest in for beginners? ›

Compare the best stocks for beginners
Company (Ticker)SectorMarket Cap
Broadcom (AVGO)Technology$652.42B
JPMorgan Chase (JPM)Financials$576.37B
UnitedHealth (UNH)Health care$467.71B
Comcast (CMCSA)Communication services$151.22B
2 more rows

Top Articles
Latest Posts
Article information

Author: Arielle Torp

Last Updated:

Views: 6249

Rating: 4 / 5 (61 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Arielle Torp

Birthday: 1997-09-20

Address: 87313 Erdman Vista, North Dustinborough, WA 37563

Phone: +97216742823598

Job: Central Technology Officer

Hobby: Taekwondo, Macrame, Foreign language learning, Kite flying, Cooking, Skiing, Computer programming

Introduction: My name is Arielle Torp, I am a comfortable, kind, zealous, lovely, jolly, colorful, adventurous person who loves writing and wants to share my knowledge and understanding with you.