If a stock is running ahead, the best move investors can make is sit back and enjoy the ride. This is especially true if one happens to take a position in a hypergrowth stock. That is a security of a company that is dominating its respective industry, posting accelerating earnings, and whose profits are increasing at an exponential rate.
Such growth stocks are rare, but they can certainly have an outsized impact on a portfolio and lead to long-term wealth. With the stock market at an all-time high, let’s look at three hypergrowth stocks to buy now and hold forever.
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