London, UK, 4 Sep 2021, ZEXPRWIRE – In the market of growth stocks in august 2021, growth stocks are thriving. FinancialCentre broker, Dave Goldman, says in order for growth stocks to be successful they generally have many of the following traits:
-higher growth potential than their peers or industries
-high revenue growth, if possible at all times
-strong leadership teams with a proven track record
-clear positioning and mission statements so that customers can understand exactly what growth stock’s values and priorities are
-flexibility in business operations in order to adapt quickly to a changing economy or industry
Having these growth stocks will help maintain growth over time. However, there are always some key growth stocks worth watching closely this week. Below is a list of growth stocks you should keep an eye on this week:
1) Amazon (NASDAQ: AMZN)
2) Apple Inc. (NASDAQ: AAPL)
3) Coinbase Global Inc. (NASDAQ: COIN)
The growth stocks mentioned above are currently performing well in the market and have the potential to become growth stars growth stocks of tomorrow – so keep an eye on them!
We talk about in detail the above-mentioned growth stocks.
-Amazon (NASDAQ: AMZN):
Amazon is a disruptive company that has disrupted many industries through technological innovation and mass scale. The online marketplace giant currently trades at $3,294.06., with its stock price increasing after the recent holiday season when Amazon broke records for the most items ordered in one day on their retail website during Black Friday week alone…
Amazon has opened its massive air hub in northern Kentucky, which will help the company further integrate itself into global logistics and expedite delivery times. The $1.5 billion facility is one of many efforts by Amazon to exert greater control over its supply chain as it continues to expand globally.
With the NSA awarding them a $10 billion contract and their stock price on an upward trajectory, Amazon’s future looks bright. Their cloud computing services have been seeing huge demand from businesses across all industries—and with this new deal in place, I’d say it’s time to invest!
Apple (AAPL), a multinational technology company, is one of the most valuable companies in the world and trades at $147.60 as 10:33 a.m. ET due to strong Q3 financials reported late July earlier this year where Apple announced earnings per share jumped more than 30% from last quarter while revenue increased 18%. The tech giant also provides services like streaming music platform Apple Music or TV service Apple TV which has recently received some updates on its content library with original programming such as Carpool Karaoke series that further boost subscriber count for both platforms driving quarterly results higher compared to the same period last year when it had 11 million subscribers each for its two subscription-based media properties – let’s see how they do next time around!
Last quarter, Apple posted record revenue of $81.4 billion and net income was up 93% from the previous year. In terms of geographic segments, all regions had double-digit growth within their product categories while services revenue reached a new high at $17 billion across every region as well; therefore considering how successful this last quarter was for AAPL stockholders it definitely seems to be one worth looking into buying right now!
-Coinbase Global Inc.:
On January 12, 2018, Coinbase Inc. (COIN) was trading at $264.01 as of 10:34 a.m ET according to analysts’ reports by establishing itself in the cryptocurrency market through its exchange platform and wallet service for retail investors and institutional players alike, allowing users access to decentralized apps using apps browser with 68 million verified customers- all while boasting over 100 countries supported across 6 continents making it one of the largest crypto platforms out there despite coining stock prices currently being on an upswing after rallying more than 30% from their November lows this year alone having closed last week above three-month highs settling just shy of their highest since late December 2017 standing firm now around those levels still today thus far near midday…
This week, Coinbase reported a strong quarter with growth and diversification across its platform. Retail Monthly Transacting Users (MTUs) grew by 8.8 million, up 44% from the previous year. Additionally, they have over 9 thousand institutions that continue to deepen their activities in the crypto economy and more than 160K partners who use their tools/services for engaging customers on behalf of those companies as well. If you’re interested in investing, then this is a stock to watch. It generated $2 billion in revenue and its net income for the quarter was an impressive $1.6 billion!
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.