3 Growth Stocks Wall Street Might Be Sleeping On, but I'm Not
Outside of the technology arena, one of the best places to find growth stocks tends to be in the consumer goods space. This is a wide-ranging market that can range from retailers to brands to streaming services and more.Let's look at three consumer growth stocks that investors should not sleep on.The king of e-commerce and cloud computing, much of the recent narrative around Amazon (NASDAQ: AMZN) has been how the company's cloud computing unit, AWS, has been the slowest growing of the big three and how it has been ceding some market share. However, AWS remains the largest cloud computing business in the world and is still growing at a solid pace given its size, with revenue for the unit up 19% in the fourth quarter. Continue reading
Outside of the technology arena, one of the best places to find growth stocks tends to be in the consumer goods space. This is a wide-ranging market that can range from retailers to brands to streaming services and more.
Let's look at three consumer growth stocks that investors should not sleep on.
The king of e-commerce and cloud computing, much of the recent narrative around Amazon (NASDAQ: AMZN) has been how the company's cloud computing unit, AWS, has been the slowest growing of the big three and how it has been ceding some market share. However, AWS remains the largest cloud computing business in the world and is still growing at a solid pace given its size, with revenue for the unit up 19% in the fourth quarter.
