Solid Growth Stocks to Buy for Long-Term Gains

Investors eyeing long-term wealth growth may consider companies like Skechers, Stryker, and DexCom, known for steady revenue and net income growth. These firms are set for continued expansion and potential stock price appreciation.

Date: 02-03-2025

AI Rating: 7

Revenue Growth Analysis
Skechers has demonstrated consistent revenue growth, increasing from $7.4 billion in 2022 to a forecasted $9 billion in 2024. This upward trend indicates robust demand and effective business strategies.

Net Income Trends
Skechers has also shown improvement in net income, rising from $373 million in 2022 to an anticipated $639.5 million by 2024. This reflects strong operational efficiency and profitability.

Stryker's Performance
Stryker has reported stable revenue growth, moving from $18.449 billion in 2022 to $22.595 billion by 2024. Earnings per share are also expected to see double-digit growth, backed by solid product demand and strategic acquisitions.

Free Cash Flow Generation
Stryker's free cash flow has consistently increased, indicating strong cash management practices that support dividend growth, which has been steady since 2009. This enhances the appeal of Stryker stocks for dividend-seeking investors.

DexCom's Market Potential
DexCom has projected significant revenue increases, from $2.910 billion in 2022 to $4.033 billion in 2024, along with impressive free cash flow growth. Their innovative CGM products put them in a favorable position in a growing market, suggesting strong future performance.

Stocks: SKX SYK DXCM