The high-flying speculative growth stocks of 2020 have gone out of favor. And while investors seem to be flocking to Blue Chip conservative stocks, there are a new set aggressive growth stocks that could be leaders when growth stocks return to favor.
I’ve looked at the Blue Chips a lot recently, and I don’t believe they have enough juice to keep rolling higher. Conservative stocks typically have profit growth and stock growth of 5% to 15% a year. So if one of these stocks jumps say 25% in a few months, my first thought is that stock might be the same price a year from now.
I still think young growth stocks make better investments. Some of my favorite aggressive growth stocks are Sea (SE), Upstart (UPST), Crowdstrike (CRWD), Celsius (CELH), Roblox (RBLX) and Tecnoglass (TGLS). Although this market is tough, let’s keep searching for tomorrow’s stock market winners today.
