Investors Are Piling Into These 2 Supercharged Growth Stocks
Nu .(NU) The Motley Fool·2024-11-16 08:36
Investors are betting these companies can post strong growth for years to come.The stock market is rewarding growth at the moment. Momentum trading is firing on all cylinders, with many growth stocks up over 100% this year.The first catalyst was the artificial intelligence (AI) boom, which has driven increased returns for technology companies. This most recent leg of the bull market was likely catalyzed by the United States presidential election and the Federal Reserve deciding to start lowering its benchma ...