Every investor seeks to build a robust investment portfolio that can beat inflation.
Growth investing is a tried-and-tested method for achieving this objective.
You need to look for attributes that ensure a company can continue to grow both its revenue and net profit.
These characteristics include having a strong franchise, innovative long-term business development strategies and a culture of adaptation and learning.
By owning such businesses, you can compound your wealth over years and grow your investment portfolio to a sizable figure.
Here are three growth stocks that you can consider adding to your portfolio.
Leidos (NYSE: LDOS)
Leidos is a technology-driven company that focuses on research and development to solve scientific and engineering problems for its clients.
The company serves clients in the civil, defence, health, and intelligence sectors.
Leidos has grown its revenue steadily over the last three years, going from US$10.2 billion in 2018 to US$12.3 billion in 2020....