The Best Growth Stocks After the First Quarter

April 16, 2018
1516 Views

Looking to break through the volatility and the worry that exists in the stock market today? Almost every stock is affected by market conditions in some way, however, that doesn’t mean that every stock is falling. Here are four growth stocks in 2017, and that have continued to increase in value throughout the volatile early stages of 2018.

Growth Stocks:

Viper Energy Partners (NASDAQ: VCOM)

  • 5 Day Growth 11.8%
  • YTD Growth 20.66%
  • 1 Year Growth 56.56%

A relatively young company, Viper Energy Partners was formed in 2014, and has shown tremendous growth since then. Viper engages in the highly profitable oil and gas industry, with a large portfolio of both oil and gas resources. Throughout 2017, VCOM was marked as a ‘BUY’ stock by many industry analysts. That advice is still relevant in 2018, as there is excellent growth potential for relatively low stock prices.

NVidia (NASDAQ: NVDA)

  • 5 Day Growth 8.05%
  • YTD Growth 19.64%
  • 1 Year Growth 142.43%

Strong demand for NVidia GPU chips used in cryptocurrency mining, as well as strong sales for gaming and professional video cards, has led to massive growth for NVidia in the past 12 months. The company continues to grow and has been largely unaffected by high market volatility. Long and mid-term investors in this stock still remain on top.

Netflix (NASDAQ: NFLX)

  • 5 Day Growth 7.89%
  • YTD Growth 62.35%
  • 1 Year Growth 118.06%

The largest online film and television streaming platform has continued to pay off for investors since the company went public. The Netflix subscription model guarantees a regular and sustainable income, which is bolstered by the company’s diversification into television series and direct-to-platform movie production. Netflix has a high operating profit margin which aids stability and increases investor returns. Total sales grew by over 30% last year.

Micron Technology (NASDAQ: MU)

  • 5 Day Growth 7.78%
  • YTD Growth 27.02%
  • 1 Year Growth 95.33%

This Boise, Idaho based company is a leader in memory and storage solutions, which are used extensively in the ever growing technology sector. Currently the company generates more than $20 Billion of revenue every year, and operates at a profit margin of 28.94%. Revenue per employee is high, with an average of $149,238 per staff member. Sales growth was strong at 63% for 2017, and the company’s products will continue to be in demand throughout 2018 and into the future. Micron Technology is seen as an industry innovator and a reliable OEM parts supplier, and continued stock value growth makes them an ideal investment for anyone looking for more tech options on the NASDAQ.

News stories of stock market volatility, the risk of further corrections, and reduced investor confidence, can all be disheartening at times. However, even when the stock market is at its most unpredictable, there are still growth stocks to be found. Each of these four growth stocks show stability and a history of growth, as well as future growth potential. Expanding your portfolio to include high performing stocks will only benefit your overall investment structure.

(All figures accurate as of Pre-Trading Monday April 16, 2018)

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