Best Growth Stocks to Consider for 2024

Best Growth stocks for 2024 by

Here are Some of the Best Growth Stocks to Consider for 2024 Based on our Exclusive AI-Assisted Research:


Block (NYSE: SQ) – Block is expanding its offerings beyond just digital payments into areas like crypto and small business lending. Analysts are regaining confidence in the business, with a consensus price target implying over 50% upside.

Datadog (NASDAQ: DDOG) – Datadog provides monitoring and analytics for cloud applications. It has strong revenue growth and high customer retention. The stock could see further upside as cloud adoption continues.

Clean Energy

SolarEdge Technologies (NASDAQ: SEDG) – SolarEdge is a key supplier of components for solar energy systems. Renewable energy demand is growing rapidly. The stock looks more attractive at current levels.

Electric Vehicles

Tesla (NASDAQ: TSLA) – Tesla is the dominant player in electric vehicles, leading in sales and brand recognition. It aims to grow deliveries by 50% annually over the long-term. While valuation is still high, the recent stock sell-off provides a better entry point.

Li Auto (NASDAQ: LI) – Chinese EV maker Li Auto is expanding its model lineup and retail footprint. Strong growth in deliveries is expected to continue, especially with a new model launch planned.

Rivian Automotive (NASDAQ: RIVN) – Rivian is ramping up production of its R1T pickup and R1S SUV models. The company has a large order backlog and its partnership with Amazon provides further upside potential.

Lucid Group (NASDAQ: LCID) – Luxury EV maker Lucid has attractive and differentiated products. Production is still relatively low but expected to scale up significantly in 2024 and beyond.


Vertex Pharmaceuticals (NASDAQ: VRTX) – Vertex dominates the cystic fibrosis drug market with its lineup of approved therapies. Its pipeline also holds promise for treating other diseases. The stock has greatly outperformed and still looks undervalued.

Watch for an expanded Biotech list in our next issue. (Also see our Artificial Intelligence in Biotech Report)

Key Takeaways

Focus on companies with strong competitive advantages, leadership positions in growing markets, and reasonable valuations based on expected growth rates.

Be selective and diversify across sectors and market caps. High growth often comes with volatility.

Consider adding exposure over time instead of all at once. A lot can change in a year.


by Steve Macalbry

Senior Editor,


Disclaimer: This article is intended for informational purposes only. It should not be considered financial or investment advice. We do not hold any form of equity in the securities mentioned in this article as of 11/03/2023. We have not been compensated for the creation or distribution of this article in any way. Always consult with a certified financial professional before making any financial decisions.

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