10 High-Growth Stocks of 2018: A US News Perspective

In the fast-paced world of the stock market, identifying high-growth stocks can be a game-changer for investors. 2018 was no exception, with numerous companies soaring to new heights. US News has compiled a list of the top 10 high-growth stocks that stood out in that year. Let’s dive into the details and understand why these companies were on top.

1. Netflix (NFLX)

Netflix, the streaming giant, has been a dominant force in the entertainment industry for years. In 2018, it continued to grow its subscriber base and expand its content library. The company’s aggressive expansion into international markets and the launch of new products like Netflix Party further solidified its position as a high-growth stock.

2. Shopify (SHOP)

Shopify, an e-commerce platform, has seen massive growth over the past few years. The platform empowers entrepreneurs to start, grow, and manage their businesses online. With an increasing number of small businesses turning to e-commerce, Shopify’s growth trajectory looks promising.

3. Square (SQ)

Square, known for its mobile payment processing system, has been a favorite among small businesses. In 2018, the company expanded its product offerings and entered the financial services sector. Square’s innovative approach to financial technology made it one of the top high-growth stocks of the year.

4. Pinterest (PINS)

Pinterest, the visual discovery engine, has seen a surge in user engagement and ad revenue. The platform has become an essential tool for businesses looking to reach a highly engaged audience. Pinterest’s growth potential in the advertising sector is immense.

5. Okta (OKTA)

Okta, a cloud-based identity and access management platform, has been a favorite among businesses looking to enhance security and streamline their IT processes. With the increasing number of cyber threats, Okta’s solutions have become crucial for companies, making it a high-growth stock in 2018.

6. Etsy (ETSY)

10 High-Growth Stocks of 2018: A US News Perspective

Etsy, the online marketplace for handmade and vintage items, has seen steady growth over the years. The platform caters to a niche market, but its loyal customer base and strong brand identity have propelled it to new heights. Etsy’s expansion into new product categories and global markets have contributed to its high-growth status.

7. Dollar Tree (DLTR)

Dollar Tree, the discount retailer, has been a go-to destination for budget-conscious consumers. With its low prices and wide range of products, Dollar Tree has become a staple in many households. The company’s expansion into Canada and the introduction of a new private-label brand have further boosted its growth.

8. Roku (ROKU)

Roku, the streaming device manufacturer, has seen a surge in demand as more consumers adopt streaming services. The company’s partnerships with major content providers and its user-friendly interface have made it a favorite among cord-cutters. Roku’s growth potential in the streaming market is substantial.

9. Ulta Beauty (ULTA)

Ulta Beauty, a beauty retailer, has been a strong performer in the retail sector. The company offers a wide range of beauty products and services, making it a one-stop destination for beauty enthusiasts. With the increasing demand for beauty products, Ulta Beauty’s growth trajectory looks promising.

10. Tesla (TSLA)

Tesla, the electric vehicle manufacturer, has been at the forefront of the automotive industry’s transformation. The company’s innovative products and strong brand identity have propelled it to new heights. With the increasing demand for electric vehicles, Tesla’s growth potential is enormous.

In conclusion, the high-growth stocks of 2018 showcased the diverse sectors that are driving the stock market. From entertainment to e-commerce, these companies have proven their ability to innovate and adapt to changing market trends. As an investor, it’s crucial to stay informed about these companies and their growth potential.

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