Workflow
The Smartest Growth Stock to Buy With $1,000 Right Now
SOUNSoundHound AI(SOUN) The Motley Fool·2024-10-31 13:53

This could be the right company in the right industry to make massive long-term profits.Investing in emerging growth stocks can be incredibly rewarding. For instance, a $1,000 investment in ServiceNow when it went public in 2012 is worth more than $38,000 today, an incredible 3,770% gain. The work-flow specialist reported $244 million in sales in 2012 and $10.5 billion over the last 12 months.On the other hand, growth stocks are riskier than established names. Electric-vehicle maker Lucid Group has lost 75% ...