3 High-Flying Growth Stocks Ready to Outpace the Competition

High-flying growth stocks have helped lift major indices this quarter. The S&P 500 is on track for a 4% gain, and the tech-heavy Nasdaq is set to rise by around 7%. Analysts attribute the gains to strong demand for artificial intelligence (AI) creating triple-digit growth for firms in that sector. Return on equity (ROE), calculated by dividing a company's net income by shareholder equity, helps identify firms generating higher returns. Companies earning more profits can return more to shareholders through d ...