Alphabet (NASDAQ: GOOGL)
Alphabet is a technology company and the holding company of search engine Google. The company also owns the video-sharing site YouTube and offers a cloud service to clients called Google Cloud. For the first nine months of 2023 (9M 2023), Alphabet reported a 6.9% year on year increase in revenue to US$221.1 billion. Operating profit also rose 6.9% year on...There are two main types of investors in the stock market – income and growth investors.
Income investors prioritise a company’s cash-generation ability so that it can dish out dividends that act as a source of passive income.
While this is undoubtedly important, you should not neglect to include growth stocks within your portfolio.
Growth investors focus more on growing the value of their portfolio by parking their money in promising, fast-growing companies.
Here are four solid US growth stocks that you may consider adding to your buy watchlist to help power the growth of your investment portfolio.