|Bid||0.00 x 1000|
|Ask||272.29 x 1100|
|Day's Range||260.00 - 270.58|
|52 Week Range||88.66 - 294.00|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar. 03, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||269.58|
Growth stocks have been on fire over the past year as the pandemic has unlocked disruptive market opportunities all over the world. Three companies that I think still have upside for growth investors are Snap (NYSE: SNAP), Peloton (NASDAQ: PTON), and Okta (NASDAQ: OKTA). Snap is the neglected social network play, having taken a back seat in many investors' minds to Facebook , LinkedIn, and TikTok .
Last year, the promise and fear surrounding the coronavirus disease 2019 (COVID-19) drove volatility in the stock market. In early 2021, retail investors have become the market movers. For roughly a month, retail investors on Reddit's WallStreetBets (WSB) chatroom have effectively worked together to pile into certain stocks.
President Joe Biden has only been in office for a little over three weeks, but the stars are aligning for a monstrous rally in the stock market. According to commentary from Federal Reserve Chairman Jerome Powell, the nation's central bank has every intention of keeping lending rates at or near historic lows through 2023. It'll accomplish this by targeting an historically low federal funds rate of 0% to 0.25% and by purchasing Treasury bonds on a monthly basis.