Interest rates have finally come down and are expected to continue to fall for the next year or so. So, many investors are turning their attention to growth stocks.
Below are some prime candidates to be the best growth stock for the next five years. Some of them have had strong growth in the past five years, and analysts expect further strong growth from them all going forward. However, none of them are wildly speculative, even though two of them are biotech stocks. Each company has shown strong revenue growth in the past five years and is expected to post strong earnings growth in the next five to support the anticipated share price momentum.
Let’s have a quick look at them.
This post originally appeared at 24/7 Wall St.