Hot Stocks: Elf Beauty Surges on Strong Growth; Duolingo Turns Profitable; Visa, Costco, Microsoft Post Steady Gains
-
Elf Beauty offers high-demand beauty products and has seen tremendous revenue and market share growth. The stock price has surged over 179% in the past year.
-
Duolingo recently became profitable after strong user growth. Revenue grew 45% year-over-year in Q4 2023.
-
Visa continues to benefit from steady consumer spending and posted 9% year-over-year revenue growth in Q1 2024.
-
Costco saw 5.6% year-over-year revenue growth in Q2 2024, with strong gains internationally and in e-commerce.
-
Microsoft has reliable growth, with 18% year-over-year revenue growth and 33% net income growth in Q2 2024. The company is capitalizing on AI and other key technologies.