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Investors’ interest in growth stocks is evident from the SPDR S&P 500 Growth ETF’s (SPYG) 15.2% returns over the past six months. This compares to the SPDR S&P 500 Trust ETF’s (SPY) 9.8% returns over this period.
ArcelorMittal (MT), Steel Dynamics, Inc. (STLD), Skechers U.S.A., Inc. (SKX), and Terex Corporation (TEX) possess solid growth attributes, and Wall Street analysts expect these stocks to gain significantly in the near term as they are currently underpriced. So, it could be wise to bet on these stocks now.
