3 Growth Stocks to Buy and Hold Forever

Industry
โดย The Motley Fool·Read original
Summary · why it matters

Monster Beverage, Sea Limited, and Coupang are identified as long-term growth stocks with strong market positions and growth prospects. Monster Beverage holds a 29.7% share of the U.S. energy drink market and reported 2023 revenue of $7.1 billion, up 13.1% year over year, with net income surging nearly 37% to $1.6 billion. Sea Limited operates Garena, Shopee, and SeaMoney, with Shopee leading Southeast Asian e-commerce with a gross merchandise value of $47.9 billion, and the company achieved its first annual profit since its 2017 IPO with net income of $150.7 million in 2023. Coupang is the leading e-commerce provider in South Korea with a 22.5% market share as of 2022, turned profitable in 2023 with net income of $1.4 billion on sales of $24.4 billion, and recently acquired Farfetch Holdings to enter the global luxury goods market.

Impact on stocks 7

Artificial Intelligence · 2 stocks
Robotics & Physical AI · 1 stocks
Coupang LLC
CPNG
▲ PositiveDemandrelevance

Coupang is the leading e-commerce provider in South Korea with a 22.5% market share, turned profitable in 2023, and acquired Farfetch to enter global luxury goods market.

Consumer Staples · 1 stocks
Monster Beverage Corp
MNST
▲ PositiveDemandrelevance

Monster Beverage holds a 29.7% share of the U.S. energy drink market and reported 2023 revenue up 13.1% with net income surging nearly 37%.

Consumer Discretionary · 1 stocks
Sea Ltd
SE
▲ PositiveDemandrelevance

Sea Limited's Shopee leads Southeast Asian e-commerce with $47.9 billion GMV and the company achieved its first annual profit in 2023.

Spatial Computing / AR/VR · 1 stocks
Defense & Geopolitical Fragmentation · 1 stocks