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4 US Growth Stocks That Can Lift Your Portfolio to New Heights
By The Smart Investor  •  May 9, 2024
The investment world is split up into two main camps – growth investors and income investors. Income investors seek the stability of companies that pay out a consistent dividend. Growth investors, on the other hand, look for capital gains arising from an increasing share price. Growth stocks deserve a place in every investor’s portfolio as they can help you grow your money to better prepare yourself for retirement. Here are four US growth stocks that can lift your investment portfolio’s value over time.

Veeva Systems (NYSE: VEEV)

Veeva Systems provides a cloud-based platform for the life sciences industry. The company serves more than 1,000 customers ranging from the world’s largest pharmaceutical companies to smaller biotechnology firms. For its fiscal 2024 (FY2024) ending 31 January 2024, Veeva saw its revenue rise 9.7% year on year to US$2.4 billion. Gross profit increased by 9.1% year on year to US$1.7 billion while net profit climbed 7.8% year on year to US$525.7 million. The business also generated a positive free cash flow...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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