By Matthew Makowski To answer the question, “What are growth stocks?” let’s start with a couple of examples…
One of the leading growth stocks of the past 20 years is Amazon (Nasdaq: AMZN). Under the guidance of CEO Jeff Bezos, the e-commerce giant went years without turning a profit. Instead of wowing investors with increased profits during quarterly earnings calls, Amazon reinvested nearly every dime it made back into itself.
The strategy obviously proved fortuitous. Amazon now controls nearly 50% of all e-commerce. And as for investors that stuck with Amazon through the early stages… They’ve been handsomely rewarded with a massive increase in share …read more
