3 Hypergrowth Stocks That Could Make You a Ton of Money

Group 1: e.l.f. Beauty - e.l.f. Beauty is rapidly gaining market share in the beauty industry, moving from No. 5 to No. 2 in dollar share for color cosmetics [3][5] - The company reported a 50% year-over-year sales increase in Q1, but expects growth to decelerate to about 26% for the full year [6] - International sales increased by 91% year-over-year, indicating strong potential for future growth [5] Group 2: Toast - Toast is a leading restaurant management software provider with a 29% year-over-year increase in the number of locations using its product, totaling 120,000 [9] - The company is experiencing strong momentum, with gross payment volume and revenue increasing alongside growing net income [9][10] - Toast's stock trades at a price-to-sales ratio of 3.8, which is considered attractive for a software business [11] Group 3: Deckers Outdoor - Deckers Outdoor has seen its stock price increase nearly 600% over the last five years, driven by the success of its Hoka and Ugg brands [12][13] - The company reported a 20% revenue increase to $1.31 billion in its recent fiscal Q2 earnings report, with earnings per share jumping 39% [13] - Deckers maintains impressive margins, with a gross margin of 55.9% and an operating margin of 23%, outperforming major competitors [15][16]