BEST GROWTH STOCKS BASED ON EARNINGS GROWTH EXPECTATIONS
For years, growth stocks have been outperforming their value peers. Despite global economies still in the early stages of an economic recession, which should favor the selection of value stocks over growth, we have yet to see the tide turn against growth stocks, with the Nasdaq breaching 52- weeks high almost every single day. One can attribute the strong US index performance to a handful of stocks, notably the famous FAANG stocks that have accounted for a huge proportion of the index gains since its recent bottom in March. No one knows when the music will ultimately stop but for now, the ball remains firmly in the court of growth stocks.In this article, I will be exploring the Top 20 best growth stocks to buy in 2020 for some of the largest US-listed stocks (requirement of > SGD$20bn market cap). The list is tabulated based on the street’s expectations of forward earnings growth.
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