Are you having a tough time finding growth stocks you feel comfortable enough to buy in this crazy environment? If so, you’re not alone. Many of the market’s once-favorite names have fallen out of favor. It’s not exactly clear where the economy is going either.
In uncertain times like these, the best move isn’t necessarily narrowing your search to only the newest and most innovative names. The smartest move, rather, is finding the market’s best-established growth companies with well-proven business models. And if you have an extra $1,000, you’re ready to commit to this kind of investment.
One of the best of this bunch right now is e-commerce platform Shopify (NASDAQ: SHOP). Here’s why.