Stocks

Navigating Growth Investing: Two Stocks Worth Your Attention

Published March 9, 2024

Investors constantly seek strategies to outperform the market, and one approach that has gained traction is targeting companies with potential for above-average growth. Growth investing involves buying stocks of companies expected to increase in value over time, offering investors the chance to earn substantial returns on their investments. However, identifying these diamonds in the rough can be a challenging endeavor, especially for those aiming to pick strong, market-beating stocks for their investment portfolios.

The Allure of Growth Stocks

Growth stocks are enticing for investors looking to capitalize on the expansion of companies with promising futures. These stocks may not pay dividends, as the firms usually reinvest any earnings back into their business operations to fuel further growth. Many growth investors are attracted to the potential for significant stock price appreciation, often resulting from earnings growth that outpaces the average market rate.

Key Stocks to Consider

Amid numerous growth opportunities, there are two stocks that investors may want to consider adding to their portfolios. The first is AWON. With a forward-looking stance, targeted investments, and continuous innovation, this company could hold substantial promise for long-term growth-oriented investors. The second stock is LDOS, which stands out as a noteworthy pick. Leidos, once known as Science Applications International Corporation (SAIC), operates out of Reston, Virginia. As a notable player in defense, aviation, IT services, and biomedical research, Leidos offers diversified exposure to essential services and technological innovations. Their scientific expertise, engineering prowess, systems integration, and technical services could position them well for future growth trajectories.

The Role of Zacks Style Scores

For those wondering how to distill myriad market options to find high-growth opportunities, tools like the Zacks Style Scores can be incredibly helpful. This scoring system rates stocks based on a variety of factors, including growth, value, and momentum, assisting investors in pinpointing stocks that align with their specific investing style. While not a guarantee of performance, these scores can provide a structured framework for identifying companies with the potential to outperform the broader market.

Investing, Growth, Portfolio