5 Top Growth Stocks to Buy Now, According to Analysts – September 2023

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Investors looking for strong returns can consider investing in growth stocks. In this article, we have highlighted five such stocks that have the potential to perform better than the broader market.

5 Top Growth Stocks to Buy Now, According to Analysts – September 2023

Growth stocks have the potential to outperform the broader market in the long term. One method of identifying such stocks is by examining their revenue and earnings growth rates. Typically, growth stocks exhibit higher growth rates compared to the industry average. Using TipRanks’ Stock Screener, we have shortlisted five growth stocks that have received Strong Buy ratings from analysts and whose price targets reflect an upside potential of more than 10%.

Also, they carry Outperform Smart Scores (i.e., 8, 9, or 10) on TipRanks. Lastly, these companies’ revenues have witnessed a compound annual growth rate of over 10% in the past three years.

Here are the five key stocks that investors can consider.

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