Stocks

Investors Take Note: Two Stellar Growth Stocks to Consider as the New Year Approaches

Published February 4, 2024

As we edge towards the New Year, investors are keenly looking for robust growth stocks that promise to deliver impressive profits and showcase cash-generating prowess. Two such stocks making waves as industry pacesetters are Shopify Inc. SHOP and DexCom, Inc. DXCM, both heralded for their strong market positions and innovative products.

The Rise of Shopify: Mastering E-Commerce

Shopify Inc. SHOP, a giant in the e-commerce sphere, provides an extensive commerce platform and services to a global clientele, from Canada and the United States to the UK, Australia, and various Latin American regions. The company, entrenched in Ottawa, Canada, has cemented itself as a key player in assisting merchants with seamless and robust commerce solutions, consequently becoming a go-to platform for businesses looking to thrive in the digital marketplace.

DexCom's Leadership in Diabetes Management

DexCom, Inc. DXCM is at the forefront of the medical devices sector, offering cutting-edge continuous glucose monitoring (CGM) systems that are essential for modern diabetes management. With its headquarters in San Diego, California, and an advanced manufacturing facility in Mesa, Arizona, DexCom has carved out an international presence, revolutionizing how diabetes is monitored and managed, and affirming its status as an innovator in the healthcare tech industry.

growth, stocks, investing