Growth may seem elusive as the world grapples with the worst pandemic in a century.
However, you’d be surprised to learn that some sectors and companies still demonstrate healthy growth amid the crisis.
There are several reasons for this resilience.
Some companies occupy a dominant market share within their industry and are market leaders, thereby making it easier to withstand downturns.
Others may have a strong online presence that enables them to continue reaching out to customers despite lockdowns and movement restrictions.
Trends that began before the pandemic, such as e-commerce and online payments, have been greatly accelerated as more people telecommute and shift to online modes of communication.
A smart investor should learn to pounce on these quality companies that display strong multi-year growth despite the tough challenges the world is facing.
Here are three growth stocks that could provide fuel for your investment portfolio’s continued growth.
Monster Beverage (NASDAQ: MNST)
Have you ever felt weary and needed a boost of energy to continue working or studying?
Monster Beverage’s range of energy drinks provides exactly that....