Should You Know About Top 3 Growth Stocks of 2017

Also, you need to appraise the market in general. With Republicans controlling Congress and the White House, stocks in general may do well due to fewer regulations and lower taxes. However, the Fed has indicated it will raise interest rates, and that can affect the cost of borrowing money to do business.

These cross currents suggest conflicting influences on growth stocks. However, the expanding economy may be the most important factor. Demand for products and services looks like it is on the increase.

1. The Walt Disney Company (DIS)

Disney won’t grow fast because it is so large. However, it continues to provide entertainment that is in high demand. Through its film studios, television networks, parks resorts and products, it manages to touch just about every demographic. From ESPN to Star Wars, Disney seems to have the public’s taste for entertainment covered.

The chart indicates that the stock was in an uptrend since November 2016, but had a sharp drop in May 2017 and is in a downtrend. Some investors may see this as a buying opportunity, but the stock tried to break out and failed. It may have more downside in the short term. However, the history of the company suggests long-term growth will continue at some point.

  • Avg. Volume: 7,090,546
  • Market Cap: $167.14 billion
  • PE Ratio (TTM): 18.63
  • EPS (TTM): 5.73
  • Dividend & Yield: 1.56 (1.45%)

2. The Brink’s Company (BCO)

This company has expanded well beyond moving cash around in armored trucks. It also provides security systems, payment processing, cash management, guarding of airports and companies in other industries, and smart safes.

The company experienced 10% growth in its fourth quarter, but dropped slightly the following quarter. The quarter ended June 30, 2017 saw a rebound in revenues.

Brink’s stock has been in an uptrend since December 2016 and broke sharply higher in early February 2017. It has continued its uptrend from there. This indicates increasing demand for the stock.

  • Avg. Volume: 421,533
  • Market Cap: $3.9 billion
  • PE Ratio (TTM): 54.67
  • EPS (TTM): 1.41
  • Dividend & Yield: 0.60 (0.80%)

3. Inc. (AMZN)

Amazon continues to add to its stature as a retailer by moving into streaming video and web services. And it’s making a move into groceries by purchasing Whole Foods.

The chart suggests the stock hit a resistance point at around $840 per share. It reached that level in November 2016 and dropped sharply. It broke above that level on higher volume and has continued its climb from there.

  • Avg. Volume: 3,928,604
  • Market Cap: $476.3 billion
  • PE Ratio (TTM): 186.72
  • EPS (TTM): 5.31
  • Dividend & Yield: N/A (N/A)


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