Top Growth Stocks to Watch for the Next 3 Years

Figma, Dutch Bros, and Celsius are notable growth stocks that, despite high valuations, remain attractive to investors.

Figma, a provider of design tools for websites and smartphone apps, recently gained attention with its IPO. Although its initial stock price surged, it is now trading 63% below its peak. However, it remains 62% above its initial offering price, making it appealing to investors. Figma is expanding its user base through AI-driven design improvements, with a net dollar retention rate of 129% for major customers.

Dutch Bros, a beverage chain that went public four years ago, is experiencing rapid growth. It offers a variety of drinks beyond coffee and operates efficiently through drive-thru lanes, boosting sales. The company plans to enter the consumer packaged goods market soon.

Celsius has regained attention in the energy drink market after acquiring Alani Nu. This acquisition led to significant revenue growth and a more than doubling of its stock price. Although growth may slow, Celsius remains in a strong position for future success.

These stocks present significant growth potential and could offer substantial returns to investors over the next three years.