Three Growth Stocks to Buy Now: Plug Power, ServiceNow, Marvell Technology

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

The Motley Fool highlights three growth stocks to consider buying now: Plug Power, ServiceNow, and Marvell Technology. Plug Power, a hydrogen fuel cell company, saw its net loss shrink by 20% last year while revenue grew 13%, and it expects to reach profitability by late 2028, supported by a global hydrogen market projected to double by 2035. ServiceNow's first-quarter non-GAAP revenue rose 19% year over year to nearly $3.7 billion, with subscription renewal rates at or above 97%, and analysts rate the stock a strong buy with a consensus target of $140.38, more than 30% above its current price. Marvell Technology, which helped design Amazon's Trainium processors, grew its top line by more than 40% last year, turning profitable, and analysts forecast similar revenue growth this year and next, with per-share profits more than doubling.

Impact on stocks 4

Artificial Intelligence▲ · 3 stocks
Marvell Technology Group Ltd
MRVL
▲ PositiveDemandrelevance

Helped design Amazon's Trainium processors, grew revenue >40%, turned profitable, and analysts forecast continued growth.

ServiceNow Inc
NOW
▲ PositiveDemandrelevance

Q1 non-GAAP revenue rose 19% YoY to nearly $3.7B, subscription renewal rates at or above 97%.

Energy Transition & Power Demand▲ · 1 stocks
Plug Power Inc
PLUG
▲ PositiveCapitalrelevance

Net loss shrank 20% while revenue grew 13%, expects profitability by late 2028, supported by growing hydrogen market.

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