"5 High-Potential Growth Stocks for Long-Term Investment in 2024"

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Source: The Motley Fool
"5 High-Potential Growth Stocks for Long-Term Investment in 2024"
Photo: The Motley Fool
TL;DR Summary

In 2024, with the emergence of a new bull market, investors may be seeking fresh opportunities for investing in promising stocks. Two intriguing businesses to consider are Duolingo, an education technology company experiencing rapid growth, and Chewy, a pet-focused e-commerce platform with diverse revenue streams. Duolingo's language-learning app has seen significant user and revenue growth, while Chewy's diverse lineup of businesses and recurring revenue model position it well for the future growth of the pet industry. Both stocks have faced challenges but offer potential for long-term investment.

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