Due to the immense volatility of last year, and the uncertainty clouding this year, defensive investments have dominated public discourse. In these trying times, you want to grab as many assurances as possible.
Nevertheless, within this context, high-growth stocks provide lucrative opportunities.
For one thing, growth stocks took a beating during the final quarter of 2018. Because they typically don’t pay out dividends, panicked investors saw little reason to hold them. As well, the ferocious magnitude of losses made the selloff a self-fulfilling prophesy. This dynamic especially affected up-and-coming stocks which lacked longer-term credibility.
But the irony here is that the same volatility makes high-growth stocks attractive at these levels. Several top names, as well as the upstarts, now trade at steep discounts. That’s bad for their management teams, but good for you. Now, those smoking-hot names you’ve been eyeballing before can be acquired much more easily.
Here are my top nine picks for “monster” growth stocks that will kickstart strong gains in 2019:
High-Growth Stocks to Buy: Amazon (AMZN)
E-commerce giant Amazon (NASDAQ:AMZN) had a monstrous final third of 2018, and I don’t mean that in a good way. AMZN stock peaked on the first trading day of September. Since then, shares plummeted slightly over 34% before clawing back some of those losses.
This is a great time to pounce on AMZN. The marriage between commerce and digitalization is only burning brighter. Naturally, this benefits Amazon and its dominant position in this sector.
Facebook (FB)
When you’re talking about opportunities among the high-growth stocks of social media, most folks will likely point to Snap (NYSE:SNAP). Unsurprisingly, positive earnings reports finally lifted its shares out of an ignominious pit.
Still, I like sustainability in my growth stocks. Unfortunately, core indicators surrounding the social-media upstart suggest further pain down the road. However, I can’t say the same thing about stalwart Facebook(NASDAQ:FB). Sure, they’ve suffered more controversies than the Donald Trump administration — okay, maybe not that many — hurting their credibility.
But despite all the negativities, we have facts. FB remains the world’s biggest social-media network. A key benefit here is that they offer unprecedented advertisement revenue channels. Up-and-coming stocks like SNAP can barely keep up. Therefore, I prefer discount-diving in FB stock over an unproven entity.
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Intel (INTC)
Discussions involving high-growth stocks in the semiconductor space end up focusing on the usual suspects: Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). Of course, both companies feature heavily in video gaming, as well as the industries of tomorrow.
But what about Intel (NASDAQ:INTC)? Yes, Intel has been around forever, instantly negating it as one of the sexy up-and-coming stocks. Of course, we can’t forget its production disappointments revolving around the company’s next-generation computer chips.
That said, INTC has surprisingly offered stability relative to most other growth stocks. During last year’s October rout, Intel initially absorbed some damage, but it quickly gained back those losses.
Another selling point comes from its 2.35% dividend yield. It’s not much, but it’s a heckuva lot better than most high-growth stocks.
