5 Growth Stocks With Upside Potential for Savvy Investors
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Nio should benefit as China's economy recovers post-COVID; it has competitive advantages like innovation, battery-as-a-service model, and targeting higher-income buyers.
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Lovesac's unique, modular "sactional" couches, online sales platform, focus on higher-income consumers, and cheap valuation make it stand out.
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Exelixis's cancer drug Cabometyx has strong sales growth, pricing power, and potential for expanded use, while pipeline investments and buybacks add upside.
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Despite near-term ad weakness, Alphabet/Google has enduring search dominance and growth drivers like YouTube and Google Cloud.
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With the Nasdaq still below its highs, these stocks offer appealing growth potential that investors may regret not buying into.