Growth stocks are shares in companies that are expected to grow at an above-average rate compared to their industry or the overall market. These companies typically reinvest their earnings back into the business to fuel further growth, rather than paying out dividends to shareholders. Investors are drawn to growth stocks for their potential to increase in value over time, driven by strong performance in sales and earnings. Characteristics often associated with growth stocks include higher price-to-earnings (P/E) ratios and robust revenue growth rates. However, investing in growth stocks can carry higher risks, as their valuations may be based on future performance expectations rather than current financial fundamentals.
**Xometry, the innovative AI-driven industrial marketplace, is set for remarkable growth as JPMorgan forecasts a promising future for the company.** Following an upgrade by analyst Cory Carpenter, who raised the…