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Schaeffer's Investment Research turns 44 this month!
Plenty of great growth stocks are available to investors across all sectors, and many of them will end up being fantastic places to put your money over the long term. But if you have $1,000 to work with and can only buy one growth stock right now, there's a case to be made for Amazon (AMZN -0.13%).
With hundreds of options to choose from in equity markets, it can sometimes be challenging to separate the wheat from the chaff. However, some corporations appear attractive enough that investing in them almost seems like a no-brainer.
There are a number of companies that are well positioned to deliver solid revenue and earnings growth over the next several years.
Apple (AAPL 0.54%) held the title of world's largest company for several years, but it has since relinquished that title to Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT), likely for good. However, I don't think that's the last stop for Apple.
Warren Buffett hasn't just made a lot of money for himself through the years. His investing skills have also helped many other investors make money.
When it comes to consumer-facing businesses with long-term growth potential, a few companies stand out. While technology stocks get a lot of attention, and deservedly so, the consumer space is also full of solid companies with long growth trajectories.
The final trades of the day with the Fast Money traders.
Wedbush's Dan Ives raised his price target on Palantir (PLTR) as stock continues to offer upside for investors. Citizens JMP boosted its price target on Amazon (AMZN), citing notable growth potential through AWS cloud.
Amazon's Prime Day event has grown to four days, but some signs point to a lack of consumer enthusiasm this year.