Growth stocks under $100 show potential for 2025 as S&P 500 rises
The S&P 500 index rose 23% in 2024, following a 24% increase in 2023. Despite concerns about high stock prices, some growth stocks remain valued under $100, presenting investment opportunities. Uber, priced around $65, has a strong user base and is expanding into delivery services. However, it faces challenges from regulatory scrutiny and competition from autonomous vehicles. Analysts expect significant sales and earnings growth in 2025. Etsy's stock is currently at $53, reflecting a shift towards enhancing customer experience despite a recent drop in sales. DraftKings, priced at $38, is positioned for growth in the expanding online gambling market, with strong customer acquisition and improving profitability expected in 2025.