Value investing and income-generating dividends are all well and good, but there's nothing like the thrill of finding the next hypergrowth stock before it takes off. Let's take a look at three candidates.
Relive the glory days
Advanced Micro Devices
The glory days are coming back. Intel has promised to lay off its schoolyard-bully marketing tactics of old; AMD processors are largely accepted as a cost-effective and powerful alternative to Intel in everything from supercomputers to laptops; and we're inching closer to the full-fledged Fusion platform that will finally realize the value of the ATI acquisition and perhaps throw the industry itself for another loop.
Wake up and smell the napalm
But I think Tibco is overdue for a reveille. Potential customers are getting ready to wake up to the value of the software, and the market should wipe its bleary eyes and follow suit soon enough. The tipping point may already have passed, but it's not too late to sign up for a heady future -- whether Tibco gets gobbled up by one of the big boys or stays stubbornly separate.
You say you want a revolution?
Finally, you should take a look at Universal Display
And Universal Display will reap the rewards of all its hard work when the technology royalties start pouring in.
Who's a good egg?
Some promising growth stocks never take off, but the outsized returns of those that do easily make up for the duds. Find out more about looking for the next great growth story.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. Intel is a Motley Fool Inside Value recommendation. Universal Display is a Motley Fool Rule Breakers selection. The Fool owns shares of and has written puts on Intel. Motley Fool Options has recommended buying calls on Intel. The Fool owns shares of Oracle. Try any of our Foolish newsletter services free for 30 days. You can check out Anders' holdings and a concise bio if you like, and The Motley Fool is investors writing for investors.