2 Top Growth Stocks to Buy for 2024

Motley Fool2023-12-28

Coca-Cola shares look attractive after trailing the market this past year.Shopify's high valuation shouldn't scare investors away from this growth stock.Growth stocks are back in vogue as Wall Street ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

notlhw
2023-12-28
notlhw
Coca-Cola is not a growth stock
- setia100:
  Agreed 👍

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2394373944?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-12-28 21:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2394373944","market":"us","top_or_hot":-1,"title":"2 Top Growth Stocks to Buy for 2024","media":"Motley Fool","content":"<div>\n<p>Coca-Cola shares look attractive after trailing the market this past year.Shopify's high valuation shouldn't scare investors away from this growth stock.Growth stocks are back in vogue as Wall Street ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/12/27/2-top-growth-stocks-to-buy-for-2024/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Top Growth Stocks to Buy for 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Top Growth Stocks to Buy for 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-28 21:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/12/27/2-top-growth-stocks-to-buy-for-2024/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coca-Cola shares look attractive after trailing the market this past year.Shopify's high valuation shouldn't scare investors away from this growth stock.Growth stocks are back in vogue as Wall Street ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/12/27/2-top-growth-stocks-to-buy-for-2024/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014567.USD","symbol_name":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","start_time":0,"source_url":"https://www.fool.com/investing/2023/12/27/2-top-growth-stocks-to-buy-for-2024/","article_id":"2394373944","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2394373944","pubTimestamp":1703769894,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"They've got solid sales momentum, and profits are on the upswing, too.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","BK4528":"SaaS概念","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1861558580.USD":"日兴方舟颠覆性创新基金B","SHOP":"Shopify Inc","BK4177":"软饮料","BK4585":"ETF&股票定投概念","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","SG9999014542.SGD":"United Income Focus Trust Acc SGD","BK4566":"资本集团","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","SG9999014575.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USDHDG) INC","BK4524":"宅经济概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4559":"巴菲特持仓","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","BK4588":"碎股","BK4116":"互联网服务与基础架构","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU1670710588.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU1670710661.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) INC","BK4551":"寇图资本持仓","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","SG9999002232.USD":"Allianz Global High Payout USD","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1670711123.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) INC","BK4581":"高盛持仓","BK4504":"桥水持仓","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","KO":"可口可乐","SG9999002224.SGD":"Allianz Global High Payout SGD","LU2279689827.SGD":"JPMorgan Investment Funds - Global Income Sustainable A (mth) SGD-H","SG9999014559.SGD":"United Income Focus Trust Dis SGD","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD"},"translate_title":"2024年最值得买入的2只成长股","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHOP":0.9,"KO":0.9},"content_text":"Coca-Cola shares look attractive after trailing the market this past year.Shopify's high valuation shouldn't scare investors away from this growth stock.Growth stocks are back in vogue as Wall Street closes out a solid year. The tech-heavy Nasdaq Composite soared over 40% through mid-December compared to a 23% rise in the broader S&P 500. Many growth stocks outpaced those gains, of course, and others were left completely out of the rally.Below, I'll highlight one promising stock from each of these categories for investors to consider owning in 2024 and beyond. Read on for some good reasons to like Coca-Cola  and Shopify  stocks right now.Coca-Cola is sparklingYou might be surprised to learn that Coca-Cola is posting excellent operating results these days. Its shares have fallen 8% year to date, after all, putting the beverage giant among the worst-performing members of the Dow Jones Industrial Average.There's no good reason for that slump. In late October, Coke announced that organic sales were up a blazing 11% in the Q3 period thanks to solid demand across its global portfolio. Sure, consumers are less enthusiastic about some traditional soda brands. But Coke has a firm footing in high-growth beverage areas like sparkling waters and energy drinks as well. And its financial efficiency is excellent, with profit margin of roughly double PepsiCo's figure. Its management team recently raised its 2023 outlook following the solid third-quarter sales and earnings boost.Coke's stock is valued at a discount compared to what investors were paying just a year ago. Its price-to-sales and price-to-earnings ratios have each declined since early 2023. Add in a dividend that's yielding 3.1%, and you've got all the ingredients you need for solid long-term returns from here.Shopify is worth itShopify sits on the other side of the stock performance spectrum, but investors shouldn't let its high valuation keep them away from this attractive business. That's because the e-commerce platform provider is checking all the right growth boxes today. Sales were up 25% last quarter and profits expanded at an even faster rate.The aggressive cost cuts that management started making about a year ago are paying off in spades today. Shopify generated $122 million of operating profit this past quarter, or 7% of sales, compared to a loss of $346 million, or 25%, a year ago. Investors can reasonably expect this profit margin figure to keep climbing, too, given the strong growth the company is seeing in cash flow today.SHOP Free Cash Flow data by YChartsShopify has a long growth runway ahead as it deepens its relationship with existing merchants and brings new users into the platform. Recent partnerships with companies like Amazon are extending its reach to many more buyers and sellers. And Shopify's services are also becoming more valuable thanks to artificial intelligence technology.It's true that you'll have to pay up for exposure to these positive trends. Shopify shares are trading at 15 times annual sales, up from around 8 times revenue back in early 2023.This higher price raises the risk around buying Shopify today, to be sure. But growth stock investors should still consider owning this business for the long term. Shopify has a good shot at expanding on its significant market share over time. And shareholder returns should be amplified by rising profit margins in 2024 and beyond.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":256969941156136,"gmtCreate":1703770878899,"gmtModify":1703770882826,"author":{"id":"3575616038841569","authorId":"3575616038841569","name":"notlhw","avatar":"https://static.tigerbbs.com/eab27b706f5ecdd467cfa9022d07be00","vip":1,"crmLevel":8,"crmLevelSwitch":0},"htmlText":"Coca-Cola is not a growth stock&nbsp;","listText":"Coca-Cola is not a growth stock&nbsp;","text":"Coca-Cola is not a growth stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/256969941156136","repostId":2394373944,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":256971274252584,"gmtCreate":1703771204371,"gmtModify":1703771216899,"authorId":3567852837945728,"author":{"id":3567852837945728,"authorId":3567852837945728,"name":"setia100","avatar":"https://community-static.tradeup.com/news/5d07af59743ad001196b7aca5f1726d7","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":256969941156136,"type":1,"supId":0,"prevId":0,"content":"Agreed 👍","text":"Agreed 👍","html":"Agreed 👍"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":13,"commentSize":1,"repostSize":1,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2394373944"}