HomeStock MarketJust released: the 3 best growth-focused stocks to consider buying in May...

Just released: the 3 best growth-focused stocks to consider buying in May [PREMIUM PICKS]

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Premium content from Motley Fool Share Advisor UK

Our monthly Fire Best Buys Now are designed to highlight our team’s three favourite, most timely Buys from our growing list of growth-focused Fire recommendations, to help Fools build out their portfolios.

  • Dominant search company with greater than 90% global market share.
  • It boasts impressive intangible assets, such as the tech expertise behind its search products, which provides a competitive advantage.
  • The company reported strong results for its first quarter, which saw revenues increase at an accelerated rate of 15%, with strong growth in search advertising.
  • Pleasingly the company appears to be speeding up its AI strategy – capital investments are expected to increase by roughly 56% to $50bn for the year, while it also cuts costs to offset the impact on profits.
  • We shouldn’t forget the dominant position Alphabet holds in online advertising, the huge cash flow it pumps out quarter after quarter, and the opportunity to improve its products (including in the fast-growing cloud computing market) through its technological expertise (including in AI).

“Best Buys Now” Pick #2:

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