3 Growth Stocks You’ll Thank Yourself for Buying This Year

InvestorPlace03-05

These growth stocks are selling at tempting valuations and could be primed for a rebound in the coming months. Fluence Energy (FLNC): Cutting-edge grid battery systems maker positioned at the ...

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

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2417153724?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-05 21:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2417153724","market":"us","top_or_hot":-1,"title":"3 Growth Stocks You’ll Thank Yourself for Buying This Year","media":"InvestorPlace","content":"<div>\n<p>These growth stocks are selling at tempting valuations and could be primed for a rebound in the coming months.\nFluence Energy (FLNC): Cutting-edge grid battery systems maker positioned at the ...</p>\n\n<a href=\"https://investorplace.com/2024/03/3-growth-stocks-youll-thank-yourself-for-buying-this-year/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","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>3 Growth Stocks You’ll Thank Yourself for Buying This Year</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\">\n3 Growth Stocks You’ll Thank Yourself for Buying This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-05 21:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/03/3-growth-stocks-youll-thank-yourself-for-buying-this-year/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These growth stocks are selling at tempting valuations and could be primed for a rebound in the coming months.\nFluence Energy (FLNC): Cutting-edge grid battery systems maker positioned at the ...</p>\n\n<a href=\"https://investorplace.com/2024/03/3-growth-stocks-youll-thank-yourself-for-buying-this-year/\">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":"BK4563","symbol_name":"昨日强势股","start_time":0,"source_url":"https://investorplace.com/2024/03/3-growth-stocks-youll-thank-yourself-for-buying-this-year/","article_id":"2417153724","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2417153724","pubTimestamp":1709645173,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"These growth stocks are selling at tempting valuations and could be primed for a rebound in the coming months.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4563":"昨日强势股","BK4524":"宅经济概念","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","TIGR":"老虎证券","BK4127":"投资银行业与经纪业","NQGM":"纳斯达克全球综合指数","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","FTVI":"Fintech Acquisition Corp VI","BK4077":"互动媒体与服务","BK4588":"碎股","FUBO":"fuboTV Inc.","BK4096":"电气部件与设备","FLNC":"Fluence Energy, Inc.","LU0823414478.USD":"法巴经典能源转换基金","BK4526":"热门中概股","BK4587":"ChatGPT概念"},"translate_title":"今年你会感谢自己买了3只成长型股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TIGR":1,"FUBO":1,"FLNC":1,"FTVI":0.73,"NQGM":0.6},"content_text":"These growth stocks are selling at tempting valuations and could be primed for a rebound in the coming months.\nFluence Energy (FLNC): Cutting-edge grid battery systems maker positioned at the forefront of the clean energy transition.\nUP Fintech Holding (TIGR): Online brokerage expanding globally, insulated from Chinese headwinds.\nFuboTV (FUBO): A TV Streaming disruptor that’s continuing to beat expectations, but has been overly punished given its impressive growth runway ahead.\n\n\n\n\n\n \n\nSource: Golden Dayz / Shutterstock.com\n\n\n\nGrowth stocks have been out of favor in past years, with investors previously fretting over rising interest rates and recession fears. Yes, broader market sentiment has shifted around this issue. But leave out the big caps, and you’ll see most growth stocks remain depressed. Many former highfliers have come back down to earth, leading to some bargains corners of the market. Thus, I believe brighter days are ahead for select growth companies, as the broader climate improves.\nThe market is solidly bullish right now. With recession concerns easing and the Federal Reserve at or nearing the end of its rate hiking cycle, investors are likely to regain their appetite for growth. However, the big tech giants that led the most recent rally now trade at nosebleed valuations, leaving limited upside for these names. I expect the smart money will rotate into more reasonably-priced opportunities moving forward.\nThat’s where undiscovered growth stocks with innovative products and rapidly-expanding markets come into play. This sweet spot provides ample runway for future gains, as these overlooked gems graduate to the big leagues.\nFluence Energy (FLNC)\nSource: Black_Kira / ShutterstockFluence Energy (NASDAQ:FLNC) stands out as a compelling growth play. This company specializes in energy storage solutions and digital applications designed to optimize renewable energy assets.\nNow, FLNC stock hasn’t exactly been a star performer lately. The stock is down a staggering 56% from its 2021 peak, continuing to trade with high levels of volatility. However, it’s my view that this volatility has created an enticing entry point for long-term investors willing to look beyond the noise.\nFrom its June 2022 trough to its July 2023 peak, FLNC skyrocketed an incredible 200%, hitting more than $27 per share. The recent slide back to the $15 level is largely attributed to a short seller report released by Blue Orca. But I believe this is a temporary setback. Blue Orca’s report says that Fluence’s parent company is engaged in litigation against Fluence for “…a laundry list of embarrassing and costly engineering and design failures, false representations, and most notably fraud.” However, Fluence has responded with its own report.\n\nThe short-seller’s report references pending litigation is a small dispute arising from a single project. Fluence brought the action to collect approximately $2 million in unpaid amounts due, and Siemens Energy responded with counterclaims of approximately $9 million.\nSiemens AG and its German retirement fund are investors in Fluence. Siemens AG has a minority ownership interest in Siemens Energy – it is not the same company and there is no legal case between Siemens AG and Fluence.\nThe short-seller’s report wrongly implies AES is moving away from Fluence as a supplier. In fact, Fluence continues to be AES’ preferred Battery Energy Storage Systems technology provider.\n\nIn addition, given Europe’s urgent need to wean itself off Russian oil and gas, and subsidies and incentives pouring into clean energy, it’s only a matter of time before companies like Fluence ride the next bullish wave higher.\nCurrently, FLNC stock trades at a mere 0.66-times forward sales, despite expectations of over 30% annual revenue growth in the coming years. Analysts see FY2024 EPS at 27 cents, climbing to a whopping $2.20 by FY2027 on the back of rapid margin expansion. Even if the company falls short of those lofty targets, the company’s current valuation leaves ample room for upside as its growth story plays out.\nUP Fintech Holding (TIGR)\nSource: Wright Studio / Shutterstock.comShifting gears to the world of online brokerage, UP Fintech Holding Limited (NASDAQ:TIGR), better known as Tiger Brokers, is a China-based firm has carved out a niche by catering to international investors through its proprietary mobile and online trading platforms.\nDespite its roots, Tiger Brokers derives nearly 90% of its revenue from New Zealand, insulating it from many of the concerns plaguing Chinese tech giants. And while the New Zealand stock market has been relatively flat since the pandemic, I expect a significant recovery as interest rates inevitably come down from their current 5.5% perch.\nBut that’s not the only reason to be bullish on TIGR stock. This is a stock that has endured an 88% peak-to-trough decline since 2021, yet has been trading sideways below $5 for over two years. To me, that screams “coiled spring,” just waiting for the right catalyst to unleash its pent-up potential. The company is expected to deliver double-digit earnings per share and revenue growth in the years ahead. If UP Fintech can hit its targets, it could be full steam ahead for this under-the-radar growth stock.\nFuboTV (FUBO)\nSource: Burdun Iliya / Shutterstock.comLast but not least, let’s turn our attention to the embattled, yet promising, world of live TV streaming with FuboTV (NYSE:FUBO). This stock is down almost 40% year-to-date. However, I believe this recent sell-off has created a rare opportunity to buy into a disruptive growth story at a bargain-basement price.\nIn Q4, FuboTV exceeded Wall Street’s expectations by a wide margin, reporting an adjusted loss of just 17 cents per share versus the 24-cent loss analysts were bracing for. Revenues clocked in at $410.2 million, outpacing the $398 million consensus. Yet, despite this impressive beat, the stock has plunged to a mere $1.90 per share.\nNow, I get it – the streaming space is ultra-competitive, and FuboTV faces no shortage of deep-pocketed rivals. But FuboTV is quietly building a loyal following, ending Q4 with 1.618 million subscribers in North America (up 12% year-over-year).\nAnd the company’s growth runway ahead is hard to ignore. For 2024, FuboTV is guiding for $1.505 billion to $1.525 billion in revenue from its North American streaming segment alone, with another $31 million to $35 million expected from international markets.\nBut it’s not just about top-line growth. FuboTV is expected to nearly break even in 2025, while maintaining a respectable 15% annual revenue growth rate. In other words, we could be looking at a rare blend of profitability and continued growth, all at a cheap multiple. That’s hard to find in today’s market.\nOn the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nOmor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on LinkedIn.Energy, Financial, FintechGrowth Stocks\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/03/3-growth-stocks-youll-thank-yourself-for-buying-this-year/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"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":"4.22.4","shortVersion":"4.22.4","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/2417153724"}