|Day's Range||39.80 - 40.10|
With a patient approach, growth investing can make investors much richer over the long term. My personal definition of a growth-oriented stock is an underlying business that is consistently generating at least double-digit top-line growth and may or may not yet be profitable. Here's why the stock could end up being a savvy buy for growth investors in the years ahead.
Five Below (NASDAQ: FIVE) has been of the few winners in the retailing industry through the latest market downturn. Walmart and Target stocks have declined in that time. Instead of flat comparable-store sales trends, as management had initially forecast back in late October, comps rose 2%.
In this podcast, Motley Fool analysts Deidre Woollard and Asit Sharma discuss: Adobe's quarter, and its issues acquiring Figma. Tech companies rushing to launch generative AI. Five Below converting some of its stores to Five Beyond.