The 10 Best Growth Stocks to Buy Now in May | The Motley Fool (2024)

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By Parkev Tatevosian, CFA–May 3, 2024 at 3:05AM

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Investing in growth stocks can be an excellent strategy to boost your long-term wealth.

Fool.com contributor Parkev Tatevosian has identified 10 growth stocks that offer long-term investors an excellent value.

*Stock prices used were the afternoon prices of April 30, 2024. The video was published on May 2, 2024.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has positions in Alphabet and PayPal. The Motley Fool has positions in and recommends Alphabet, Amazon, Chewy, Fiverr International, Fortinet, Nvidia, PayPal, Salesforce, and Uber Technologies. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

The 10 Best Growth Stocks to Buy Now in May | The Motley Fool (2024)

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The 10 Best Growth Stocks to Buy Now in May | The Motley Fool? ›

Parkev Tatevosian

Parkev Tatevosian
Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
, CFA has positions in Alphabet and PayPal. The Motley Fool has positions in and recommends Alphabet, Amazon, Chewy, Fiverr International, Fortinet, Nvidia, PayPal, Salesforce, and Uber Technologies.

What is the best growth stocks for the Motley Fool? ›

The Motley Fool has positions in and recommends Amazon, Netflix, The Trade Desk, Vanguard Index Funds-Vanguard Growth ETF, Vanguard Index Funds-Vanguard Value ETF, Visa, and Walt Disney.

What are the Motley Fool's 10 best stocks? ›

See the 10 stocks »

The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, Microsoft, and Nvidia.

What are the best growth stocks to buy now? ›

9 Best Growth Stocks to Buy for 2024
StockImplied upside over May 29 close*
Meta Platforms Inc. (META)13.8%
JPMorgan Chase & Co. (JPM)8.5%
Tesla Inc. (TSLA)19.2%
Mastercard Inc. (MA)22%
5 more rows
3 days ago

What are the top 10 stocks to buy right now? ›

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Company (ticker)Analysts' consensus recommendation scoreAnalysts' consensus recommendation
Amazon.com (AMZN)1.29Strong Buy
Nvidia (NVDA)1.33Strong Buy
Microsoft (MSFT)1.33Strong Buy
Bio-Techne (TECH)1.39Strong Buy
21 more rows

What is the Motley Fool top 10 stocks 2024? ›

The Motley Fool has positions in and recommends Alphabet, Amazon, Chewy, Fiverr International, Fortinet, Nvidia, PayPal, Salesforce, and Uber Technologies. The Motley Fool recommends the following options: short March 2024 $67.50 calls on PayPal. The Motley Fool has a disclosure policy.

What stock will boom in 2024? ›

The Best Growth Stocks of June 2024
Company (ticker)5-Year Avg. Yearly EPS Forecast
Nvidia Corporation (NVDA)46.5%
Meta Platforms, Inc. (META)30.0%
Full Truck Alliance Co. Ltd (YMM)29.0%
T-Mobile US, Inc. (TMUS)25.8%
6 more rows
3 days ago

What is Motley Fool's top AI stock? ›

The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft.

What is Warren Buffett buying? ›

Warren Buffett's stock purchases in the most recent quarter include Chubb Limited (CB) and Occidental Petroleum (OXY). HP Inc. (HPQ) and Paramount Global (PARA) are among Warren Buffett's stock sales in the most recent quarter. The Berkshire Hathaway portfolio includes 41 stocks as of May 2024, including Apple Inc.

What are the 5 star stocks? ›

Five-star stocks, should offer an investor a return that's higher than the company's cost of equity. Low-rated stocks have significantly lower expected returns. Three-star stocks are those that should offer a "fair return," one that adequately compensates for the riskiness of the stock.

What is the fastest growing stock today? ›

Day Gainers
SymbolName% Change
GPSThe Gap, Inc.+28.60%
SAMThe Boston Beer Company, Inc.+22.33%
AMBAAmbarella, Inc.+20.60%
PENNPENN Entertainment, Inc.+19.62%
21 more rows

Which stock is growing very fast? ›

FAST GROWING STOCK
S.No.NameROCE %
1.Coal India65.11
2.Dr Reddy's Labs26.86
3.Bajaj Holdings13.07
4.P I Industries23.81
23 more rows

Which stocks will give highest return? ›

More Collections >
Name3Y ReturnProfit Mar 3Y Change%
Reliance Industries Ltd59.16%26.46%
Tata Consultancy Services Ltd26.41%-3.51%
ICICI Bank Ltd80.3%186.25%
Bharti Airtel Ltd142.79%-125.21%
8 more rows

What are the top 5 shares to buy today? ›

Today's Poll
  • Stock to buy today: Raymond (₹2,011.25): BUY.
  • Stock to buy today: NMDC Steel (₹65.9): BUY.
  • Stock to buy today: Petronet LNG (₹288.20): BUY.
  • Stock to buy today: Indraprastha Gas (₹475.35): BUY.
  • Stock to buy today: Sudarshan Chemical Industries (₹609.3)
  • Stock to buy today: Data Patterns (India) (₹2,238.60): BUY.

What are three good stocks to invest in? ›

The 9 Best Stocks To Buy Now
Company (Ticker)Forward P/E Ratio
The Progressive Corporation (PGR)8.6
Alphabet, Inc. (GOOG, GOOGL)13.2
Intuitive Surgical, Inc. (ISRG)52.2
Tapestry, Inc. (TPR)12.3
5 more rows

What is the next big thing to invest in? ›

The tech space is always worth watching when it comes to seeking out the next big thing in investing. Right now it seems that artificial intelligence (AI) is driving that bus and will be for the foreseeable future.

Which stock has high potential growth? ›

HIGH GROWTH STOCKS
S.No.NameCMP Rs.
1.Gretex Industrie121.30
2.One Global Serv96.56
3.Maha Rashtra Apx147.70
4.Franklin Indust.7.94
23 more rows

What are the three dividend stocks for Motley Fool? ›

Key Points
  • AbbVie is a Dividend King in good shape to deliver solid growth through the rest of the decade.
  • Chevron should reward investors with growing dividends and the "invisible dividends" of stock buybacks.
  • Pfizer could change its narrative with new products and acquisitions while paying a juicy dividend.
3 days ago

Should I invest in the alphabet A or C? ›

Because of their voting rights, A shares may trade at a premium to C shares; however, in reality, the prices of the two are often quite close to one another. There is a third type of share, Class B shares, which are held by founders and insiders and confer 10 votes per share.

What is the most successful stock predictor? ›

AltIndex – We found that AltIndex is the most accurate stock predictor for 2024. Unlike other providers in this space, AltIndex relies on alternative data points, such as social media sentiment and website analytics. It also uses artificial intelligence to convert its findings into risk-averse stock picks.

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