Please ensure Javascript is enabled for purposes of website accessibility

3 Growth Stocks You Should Keep an Eye On

By Jose Najarro - Apr 17, 2021 at 8:00AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

These three growth stocks are hitting different markets and are all down from their recent highs.

In today's video, I look at three more stocks that you should keep an eye on. Below are three reasons to add each stock to your watch list as a potential buy.

Three reasons to watch Pinterest (PINS 8.12%)

  1. Pinterest is down roughly 14% from its 52-week high, with a market cap of $48.7 billion.
  2. On Friday, April 16, the stock price dropped over 7%. There have been no fundamental changes to the business, which can present a buying opportunity to investors.
  3. Pinterest's most recent quarter showed strong growth. Fourth-quarter revenue grew 76% year over year, and global monthly active users grew 37% year over year to 459 million.

Three reasons to watch Adobe (ADBE 2.17%):  

  1. Adobe has strong fundamentals with positive earnings, positive cash flow from operations, and more short-term assets than debt.
  2. In its most recent quarter, Adobe achieved 26% year-over-year growth in revenue and increased its annual recurring revenue to $10.69 billion.
  3. Adobe raised its full-year 2021 guidance after reporting strong Q1 earnings.

Three reasons to watch C3.ai (AI 4.75%)

  1. C3.ai is down over 60% from its all-time high, with a market cap of $6.7 billion.
  2. C3.ai's most recent earnings showed revenue increased 19% year over year, and subscription revenue increased 24% year over year. Analysts project this company will maintain strong revenue growth for the next few years.
  3. C3.ai is currently negative in earnings and cash flow from operations, but it has a strong balance sheet with no debt to help the company stay afloat.

Click the video below for my full thoughts. 

*Stock prices used were the midday prices of April 16, 2021. The video was published on April 16, 2021. 



Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Pinterest Stock Quote
Pinterest
PINS
$20.23 (8.12%) $1.52
Adobe Inc. Stock Quote
Adobe Inc.
ADBE
$376.49 (2.17%) $8.01
C3.ai, Inc. Stock Quote
C3.ai, Inc.
AI
$20.06 (4.75%) $0.91

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
316%
 
S&P 500 Returns
112%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 07/06/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.