TSX investors can buy shares of quality growth stocks, such as Snowflake, allowing them to generate exponential gains in 2023 and beyond. The post 2 Top Stocks That Could Turn $10,000 Into $50,000 by 2030 appeared first on The Motley Fool Canada.
For most of this week, Snowflake (NYSE: SNOW) was met with a relatively warm reception by investors. Although the data analytics company was hit with a 8%-plus sell-off on Friday, it still managed to eke out a 2.5% gain across the five trading days, according to data compiled by S&P Global Market Intelligence. Worries about the macroeconomy had been easing, while the Federal Reserve just pulled the trigger on the lowest of its recent string of interest rate hikes.
These stocks reversed yesterday's big gains after several cloud names reported lackluster results, and the jobs report showed the economy may be running hotter than expected.