Bitteks Broker Sheds Light On Which Stocks Offer The Best Growth Potential In July 2021?

London, UK, 3rd August 2021, ZEXPRWIRE – Bitteks broker says if you’re looking for a stock that is set to take off, then look no further than the growth stocks. These types of companies have been playing an outsized role in terms of gains with regards to their average counterparts but there are three factors we need before jumping into these investments: improving fundamentals, great entry points (technical), and bullish trading activity within shares.

Anyone who has been trading for a few years understands that growth stocks are anything but stable and it is only the best that will survive in the long term. The most important thing to consider when deciding on whether a stock qualifies as a growth winner is its valuation. If you’re paying an exorbitant amount for a company, there better be an exciting growth story there. Let’s take a look at some of the best 2021 July growth stocks and see if they pass the test.

Valeant Pharmaceuticals:

With its stock price falling 18% over the past year, Valeant Pharmaceuticals (VRX) has become a very intriguing 2021 July growth stock due to just how low it has fallen as well as clear catalysts to push it even lower. Valeant’s most recent earnings report showed that not only are sales falling but its debt will soon be coming due and there is little cash on hand available to pay off the obligations. The company has taken on a lot of debt recently so before 2021, Valeant must try to sell some assets or issue more stock to pay off the $30 billion in debt that is due by 2021. If these 2021 July growth stocks don’t work out, it could be forced to declare bankruptcy and the whole story could come crashing down leaving investors with nothing but losses. Although there are a lot of risks associated with Valeant Pharmaceuticals (VRX), its share price has fallen a lot lately and there is a chance that 2021 July growth stocks will disrupt investors from recognizing the company’s true value.

Under Armour (UA) :

Growth stocks are all about seeing great returns on your investment but it comes with a significant amount of risk as well. This 2021 July growth stock could be setting up perfectly for a crash in 2021 due to its high-risk business profile. Under Armour (UA) started in 2006 as a producer of athletics-focused apparel but the company has since broadened its offerings to include footwear, accessories and nutrition. 2021 July growth stocks like UA usually have great access to consumer trends and they develop innovative products that customers love which is why this 2021 July growth stock is such an exciting play. 2021 July growth stocks like UA have been able to develop unique products that set them apart from their competition which is why they are one of the best 2021 July growth stocks for us to get into now.

Netflix (NFLX):

The 2021 July growth stock in this article is definitely a long-term play but judging by its pedigree, it could be the most profitable 2021 July growth stock on this list. 2021 July growth stocks like Netflix (NFLX) are different from other 2021 July growth stocks because they not only compete with rivals but also have to fight for the customer’s mind share. 2021 July growth stocks like NFLX have managed to gain a lot of popularity over time due to their ability to best serve customers with unique content at a reasonable price. 2021 July growth stocks like NFLX may not always have the best near-term share price performance but they are well-positioned to win in 2021 and beyond.

Nvidia (NVDA):

If 2021 July growth stocks call for finding the next hot product, then this 2021 July growth stock offers us that opportunity right now. I think 2021 July growth stock to watch is Nvidia (NVDA) because it has been in the news a lot lately and 2021 July growth stocks like NVDA usually are good plays when they get so much attention. 2021 July growth stocks like NVDA have managed to beat earnings expectations for years now with their ability to create innovative technologies that are used by some of the world’s largest companies. 2021 July growth stocks like NVDA have a history of making smart acquisitions that allow their product list to grow and the company said it will remain active in 2021 by continuing to look for new deals.

Amazon (AMZN):

One 2021 July growth stock on this list is so popular that its name has become synonymous with its industry, but that doesn’t mean that 2021 July growth stocks are always such sure bets. That 2021 July growth stock is Amazon (AMZN) which has been one of the best 2021 July growth stocks in the world for years now but 2021 July growth stocks usually fall out of favor eventually and AMZN may be due for a correction soon.

Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.