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3 Soaring Stocks I'd Buy Now with No Hesitation

The Motley Fool
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80% Informative

Stocks that had a stellar run could still go on to register significant share price gains on the back of improved financial numbers and bright prospects.

The key is to ensure the company has a strong competitive position that it can maintain, catalysts to sustain its growth trajectory, and a large total addressable market.

Here are three stocks that recently saw their share prices soar, but still constitute attractive buys.

Sea Limited continued to report a strong set of earnings for the first nine months of 2024 .

Revenue jumped 25.6% year over year to $11.8 billion while operating income climbed 26.7% to $356.4 million .

Sea Limited's Garena also had one of the world's most downloaded games in the third quarter of 2024 in Free Fire and is expanding to new regions such as North Africa .

Stock Advisor’s total average return is 892% — a market-crushing outperformance compared to 174% for the S&P 500.

Randi Zuckerberg , a former director of market development and spokeswoman for Facebook , is a member of The Motley Fool's board of directors.