3 growth stocks for the long term – Morningstar.com.au

When looking for investment opportunities for the long term, it’s important to consider growth stocks that have the potential for significant returns. Here are three growth stocks that are worth considering:

1. Afterpay (ASX: APT) – Afterpay is a buy now, pay later service that has been experiencing rapid growth in recent years. With its innovative business model and strong customer base, Afterpay has the potential for continued growth in the future.

2. Appen (ASX: APX) – Appen is a global leader in providing high-quality training data for machine learning and artificial intelligence. With the increasing demand for AI technology, Appen is well-positioned to capitalize on this growing market.

3. CSL Limited (ASX: CSL) – CSL is a biotechnology company that specializes in developing and manufacturing innovative therapies for rare and serious diseases. With a strong track record of success and a growing pipeline of products, CSL is a solid choice for long-term growth.

These three stocks offer investors the potential for significant returns over the long term. However, it’s important to conduct thorough research and consider your own investment goals before making any decisions.

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