3 No-Brainer Growth Stocks to Buy for the Potential of 100% Gains (or More) by 2030

Core Viewpoint - Investing in growth stocks with the potential for significant returns requires thorough research and patience, particularly in sectors poised for expansion by the end of the decade [2][3]. Group 1: Growth Sectors - Key sectors identified for potential multibagger opportunities include artificial intelligence, renewable energy, healthcare, and infrastructure [2]. - Companies in these sectors may experience revenue, earnings, and free cash flow growth due to industry-specific tailwinds [2]. Group 2: Company Highlights - GoDaddy (GDDY): - The company has seen over a 50% increase in stock price year-to-date, driven by expanding revenue, earnings, and free cash flow [4]. - In Q2, revenue grew by 7% year-over-year, with net earnings increasing by 76% to $146.3 million [4]. - GoDaddy is investing in its AI-powered platform, GoDaddy Airo, enhancing customer experience through features like AI logo generation and SEO capabilities [4]. - Texas Roadhouse (TXRH): - The restaurant chain is expanding its operations, which is expected to significantly boost revenue and earnings through 2030 [5][6]. - In Q2, revenue rose by 14.5% year-over-year to $1.34 billion, and net earnings increased by 46% to $120 million [6]. - The company plans to open 15 company restaurants and six franchises in 2024, indicating strong future growth potential [6]. - Comfort Systems USA (FIX): - The company is positioned to benefit from increasing global infrastructure spending [7]. - In Q2, revenue surged by 40% year-over-year, and net earnings soared by 93% to $134 million [8]. - Comfort Systems has a record backlog of $5.77 billion, reflecting strong demand for its HVAC services [8].