Investing in top growth stocks has been a strategy that’s paid off for most of recent history. Indeed, nearly an entire generation of Millennials haven’t really been of investing age to see a truly painful market crash. And with the Nasdaq Composite surging 127% over the past five years, outpacing the S&P 500’s 95% gain, many younger investors have certainly been very correct in concentrating their portfolios in higher-growth tech stocks.
While many top growth stocks have certainly surged to levels that some investors may consider to be rich (to say the least), there are others that have taken a more volatile path to their current state that may still be worth considering from a valuation perspective.
No one knows the future, and I’m not suggesting that will be the case. But for those looking to add some risk at this point in the cycle, here are three placed I’d look first.
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