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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Market Cap

$2,848B

Today's Change

(0.83%)$9.49

CurrentPrice

$1,148.50

Price as of May 29, 2024, 12:58 p.m. ET

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)

FAQs

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

See the 10 stocks

What is the best growth stock to buy right now? ›

*Based on current CFRA 12-month target prices.
  • Nvidia Corp. (NVDA) ...
  • Alphabet Inc. (GOOG, GOOGL) ...
  • Meta Platforms Inc. (META) ...
  • JPMorgan Chase & Co. (JPM) ...
  • Tesla Inc. (TSLA) ...
  • Mastercard Inc. (MA) ...
  • Advanced Micro Devices Inc. (AMD) ...
  • Intuit Inc. (INTU)
2 days ago

What are the top ten 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

Which stock will boom in 2024? ›

Best Stocks to Invest in India 2024
  • Tata Consultancy Services Ltd. IT - Software.
  • Infosys Ltd. IT - Software.
  • Hindustan Unilever Ltd. FMCG.
  • Reliance Industries Ltd. Refineries.
4 days ago

What are the most undervalued stocks in May 2024? ›

For May 2024, the most undervalued stocks—those with the lowest price-to-earnings (P/E) ratios for each sector—include Revelation Biosciences, a healthcare company developing therapies to treat diseases; Urgent.ly, a mobile app for roadside assistance; Toro Corp., which operates oceangoing tankers; and the cinema ...

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

What are the top 5 shares to buy today? ›

Today's Poll
  • Stock to buy today: Federal Bank (₹164.60): BUY.
  • Stock to buy today: PNC Infratech (₹368.35): BUY.
  • Stock to buy today: Latent View Analytics (₹466.75): BUY.
  • Stock to buy today: Unichem Laboratories (₹454.70): BUY.
  • Stock to buy today: NCC (₹170.70): BUY.
  • Stock to buy today: EIH (₹265.55): BUY.

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 penny stocks to buy now? ›

Penny Stocks To Buy Today
Company NameLTP% Change
DIL7.55-2.58
Kanani Industries3.60.00
Dynamic Cables Ltd552.65-0.62
Hilton Metal Forging120.20.50
1 more row

Which stock will boom today? ›

Top Gainers
CompanyMarket Price
Tata Power Company₹436.75 (0.00%)
Canara Bank₹118.00 (0.00%)
GAIL (India)₹204.30 (0.00%)
Ambuja Cements₹634.05 (0.00%)
16 more rows

Which penny stock is best for 2024? ›

Top 10 Penny Stocks List 2024
Stock NameMarket Cap (in Cr)5Y Historical Revenue Growth
Speedage Commercials Ltd₹0.93132.75
Utique Enterprises Ltd₹47.80103.74
Standard Capital Markets Ltd₹229.3288.19
Growington Ventures India Ltd₹97.3083.83
6 more rows
2 days ago

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 are the best stocks to invest in May 2024? ›

Best stocks by one-year performance
CompanyPerformance (Year)
Eaton Corporation plc (ETN)83.60%
Leidos Holdings Inc (LDOS)81.98%
Meta Platforms Inc (META)81.64%
Arista Networks Inc (ANET)81.30%
17 more rows
4 days ago

What is the most undervalued stock? ›

10 Most Undervalued Value Stocks To Buy Now
  • Aptiv PLC (NYSE:APTV) Number of Q4 2023 Hedge Fund Shareholders: 39. Trailing P/E Ratio: 7.19. ...
  • Lantheus Holdings, Inc. (NASDAQ:LNTH) ...
  • Lamb Weston Holdings, Inc. (NYSE:LW) ...
  • Valaris Limited (NYSE:VAL) Number of Q4 2023 Hedge Fund Shareholders: 47.
Apr 13, 2024

Which stock is undervalued now? ›

Undervalued stocks
S.No.NameCMP Rs.
1.Reliance Home4.30
2.Cons. Finvest247.30
3.Andhra Paper531.15
4.Shreyans Inds.249.95
7 more rows

Which stock is best for the next 5 years? ›

Growth stocks for next 5 years
S.No.NameCMP Rs.
1.Brightcom Group11.00
2.Axita Cotton21.25
3.One Point One54.30
4.Radhika Jeweltec61.85
23 more rows

Which stocks is better to buy now? ›

  • 2] Ujjivan Small Finance Bank: Buy at ₹589.50, target ₹630, stop loss ₹568. The current trading price of UJJIVAN is ₹589.5. ...
  • 3] PNB Housing Finance: Buy at ₹748, target ₹780, stop loss ₹720. ...
  • 4] BEL: Buy at ₹290, target ₹305, stop loss ₹282. ...
  • 5] Escorts: Buy at ₹3856, target ₹4050, stop loss ₹3780.
2 days ago

What stocks to invest in with $10? ›

Compare the best stocks under $10
CompanySectorMarket Cap
Clarivate PLC (CLVT)Technology$3.95B
iQIYI Inc. (IQ)Communication services$4.55B
PagSeguro Digital Ltd. (PAGS)Technology$3.85B
Fisker Inc. (FSR)Consumer cyclical$0.00
2 more rows

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