The Smartest Growth Stock to Buy With $1,000 Right Now

Investing in emerging growth stocks can be incredibly rewarding. For instance, a $1,000 investment in ServiceNow when it went public in 2012 is worth more than $38,000 today, an incredible 3,770% gain. The work-flow specialist reported $244 million in sales in 2012 and $10.5 billion over the last 12 months.On the other hand, growth stocks are riskier than established names. Electric-vehicle maker Lucid Group has lost 75% of its value since its initial public offering (IPO) and trades more than 95% off its high. The dichotomy is depicted below.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool