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Ride the Wave: 3 Top Stocks to Ride the Growth Tide into 2023

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It’s been a rollercoaster journey for growth investing but it’s back, bigger and better, sending investors into a frenzy of excitement. Though it’s not for the faint of heart, the allure of targeting companies expected to grow their earnings and revenues at an above-average level has ignited spirits.

Why Growth Investing?

Growth investing hinges on the belief that companies will see their stock prices shoot up as their earnings and revenues surge. It’s all about the potential for sky-high returns, but it often comes at the cost of stomach-churning volatility.

Fear not, for the brave at heart, as the growth investing style offers a trio of stocks worth considering – Datadog DDOG, American Eagle Outfitters AEO, and Duolingo DUOL – all backed by a favorable Zacks Rank.

The Power Trio


Datadog, a monitoring and analytics platform, has won over analysts, earning a favorable Zacks Rank #1 (Strong Buy). Its stellar quarterly results showcased a 30% earnings beat and a 4% revenue victory, leaving investors gleefully chasing its soaring shares.

Oh, and did we mention the jaw-dropping 25% revenue growth and a staggering 54% earnings surge forecasted for its current year? Brace yourself, because FY24 estimates promise a 12% earnings growth paired with a 21% sales hike. It’s like watching a rocket launch!

American Eagle Outfitters

American Eagle Outfitters, the retail maestro, boasts a Zacks Rank #1 (Strong Buy) and a growth narrative that just won’t quit. With a 37% earnings growth and solid 2.0% annual yield, it’s set to steal the show. Investors eagerly await its November 21st release, with analysts ratcheting up their expectations akin to the buildup of a suspenseful blockbuster movie.


Duolingo, the language learning sensation, has secured its spot as a Zacks Rank #1 (Strong Buy). Its stratospheric earnings outlook, boasting 150% growth in its current year and a 42% sales increase, is a sight to behold. Brace yourself for FY24, with estimations of a mind-boggling 220% earnings growth and a 30% sales ascent – it’s like watching a thrilling cliffhanger!

So, What’s the Deal?

As the growth narrative sweeps the market, these stocks are leading the charge. With momentum on their side and a favorable Zacks Rank, the optimism among analysts is palpable. It’s like riding a massive wave – exhilarating and filled with immense potential.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.” Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.0% per year. So be sure to give these hand-picked 7 your immediate attention.

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