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Top 3 Growth Stocks to Buy in December 2021
If you’ve read any of my previous writings, you’ll know that I’m a huge supporter of growth stocks. Although investing in growth stocks may be more scary than investing in dividend stocks, growth stocks have the potential for far higher upside. However, selecting the perfect ones to add to your portfolio might be tough. Investors must analyze not just how wonderful a firm is, but also events that might aid accelerate its growth. In this post, I’ll talk about three of the best growth stocks to purchase in December 2021.
This retail-focused quarter will be advantageous to the corporation.
Shopify (TSX:SHOP)(NYSE:SHOP) claimed a record-breaking US$5.1 billion in sales during the Black Friday-Cyber Monday period last year. This was a 76 percent rise over the previous year’s sales figures. Shopify reported US$2.9 billion in sales on Black Friday alone this year. This represents a 21 percent increase over Black Friday 2020. These figures indicate that Shopify’s clients have experienced long-term success, even beyond the pandemic’s peak.
With the holiday season approaching, it’s doubtful that consumer spending will slow down any time soon. If Shopify can surprise with great statistics again this holiday season, the stock of Shopify might skyrocket. Shopify reported a 99 percent…
