6 Best Growth Stocks To Buy Now According to Metatrader 5

Wirestock, via Freepik

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales or profit. However, it is essential to note that along with the high returns from investing in growth stocks, there are also levels of volatility. This is why we have created a list of potentially profitable growth stocks and an indispensable tool for studying them.

What Are Growth Stocks?

Growth stocks represent shares in companies that investors buy at premium prices with the expectation that they’ll perform better than the industry average. However, choosing such stocks needs careful consideration as a failure could be expensive if the expected growth does not happen. In contrast, an excellent performance by the company might lead to exponential gains in investments. Typically, growth-oriented firms retain their earnings and rely on debt financing for expansion purposes. Investors tend to be interested in purchasing growth stocks with anticipation.

Metatrader 5 as a Tool for Analyzing Growth Stocks

Finding good growth stocks is not only about picking the high up-and-down stocks that have risen dramatically quickly. The true winners often provide solid returns year after year and stay ahead of the competition by coming up with new ideas or buying out other companies.

There are more than 80 tools in MetaTrader 5 to help you analyze past and future stock prices in detail, including 38 technical indicators and 39 graphical tools that can give insight into market trends. Nevertheless, MT5 is not limited to technical analysis; it has some handy options that enable traders to examine the fundamental factors affecting companies or markets. 

You can also use MT5 to build accurate and comprehensive reports that will allow you to monitor stock price changes from the initial value to the present time with all details; this information will enable traders to assess the reliability of forecasting and the likelihood of effective decision-making.

The 6 Best Growth Stocks To Buy Right Now

Salesforce

Salesforce stands out due to its businesses acquired over time. With companies’ increasing investment in AI, Salesforce seems to have identified an avenue for growth. The company is positioning itself as an AI-driven system that enhances productivity by integrating platforms such as MuleSoft, Tableau, and Slack. While it is still in its early stages, Salesforce is experiencing growth attributed to integrating AI into corporate technology. Salesforce emerged as the performing stock in the Dow Jones index year.

Advanced Micro Devices (AMD)

Advanced Micro Devices (AMD), famous for its microprocessors and graphics semiconductors, has reached an all-time high of 4,640% in the past decade. Nevertheless, many believe there is more to the growth story, particularly regarding AMD’s data center servers. The company’s sales have risen by 10% over the quarter, and the last four fiscal quarters saw net income growth at 3,076% on a YoY basis. AMD will likely continue growing by introducing new products that enhance its outstanding lineup.

Applied Materials (AMAT)

Applied Materials (AMAT) is a company that develops devices for producing semiconductors, a critical component used in nearly all electronic industries worldwide. AMAT’s stock has risen due to significant demand for chip-making equipment, specifically in China, operating in various sectors such as IoT, wireless technology, and automotive innovation. Applied Materials recorded its most significant sales and highest profit last year, resulting from being the industry leader in the chip-making market for five consecutive years.

KLA (KLAC)

KLAC produces systems that evaluate wafer attributes during research and manufacturing. While it witnessed a double-digit increase in sales at 13.9% for the year 2023, KLA registered a drop in its latest quarter. Explaining the decline, KLA noted it was due to market constraints and reduced demand for their products. Despite these hurdles, KLA has managed to maintain its profit level at about 60%.

The field of semiconductors keeps expanding, and chips are getting better daily. You can expect the demand for KLA’s systems to increase. 

Alphabet Inc. (GOOG, GOOGL)

Google and YouTube, the world’s leading search and online advertising platforms, are owned by Alphabet Inc. (GOOG, GOOGL). In Q4 2020, sales at Alphabet increased by 13% yearly. The stock price of Alphabet is decent, and it can make even more money as AI will be incorporated to improve Google’s search engine.

Nvidia Corp. (NVDA)

Nvidia Corp. (NVDA) has been the primary star of the stock market for 15 years, thanks to its high-quality computer chips, which have contributed to its status as one of the fastest-expanding companies. AI technology is mainly credited with driving Nvidia’s recent growth. In Q3, their revenue increased by 206% YoY, profits rose over twelvefold, at an astonishing 1,259%, with data center sales up by 279%.

Are Growth Stocks Right for You?

This list features the top stocks selected based on their expansion history and anticipation of future increases. Growth stocks are more volatile but offer a better return than established companies. If you prefer long-term investments, these stocks might be a good choice even when the market is volatile or prices fluctuate. Finding a good mix of stability can help you reach your long-term financial goals.