2 Unstoppable Growth Stocks to Buy Right Now for Less than $200

In today's dynamic market, identifying growth stocks with long-term potential is crucial. Two companies, Meta Platforms and Palantir Technologies, stand out as unstoppable growth stocks that are currently trading below $200, offering investors an attractive entry point.

Meta Platforms (META), the parent company of Facebook, Instagram, and WhatsApp, has built an unparalleled competitive advantage in the social media landscape. With over 3.2 billion users worldwide, Meta's apps have become integral to daily life, creating a loyal user base that drives advertising revenue. Meta's revenue grew by 22% year-over-year in the most recent quarter, reaching $39 billion, and net income surpassed $13 billion. The company's foray into artificial intelligence (AI) and the launch of its first-ever dividend further solidify its position as a growth stock to watch. Despite its impressive performance, Meta shares remain inexpensive, trading at just 27x forward earnings estimates.

Palantir Technologies (PLTR), a software company specializing in data aggregation and AI, has seen remarkable growth in recent years. The company's shift towards commercial contracts, coupled with its AI-driven platform, has fueled its expansion. In the most recent quarter, U.S. commercial revenue surged 55% to $159 million, while U.S. commercial customer count soared 83% to nearly 300 customers. Palantir's government revenue also continues to grow, with a 23% increase in the quarter. The company's shares have surged 130% so far this year, but they remain relatively expensive, trading at 112x forward earnings estimates. Any pullback could create an interesting opportunity for investors to get in on this unstoppable growth stock.

Both Meta Platforms and Palantir Technologies boast strong earnings growth rates, driven by their respective competitive advantages and market positions. Meta's social media dominance and Palantir's data aggregation and AI capabilities have enabled them to maintain impressive growth rates, outpacing their respective industries and the overall market.

The key drivers of revenue growth for these companies are their strong competitive advantages, loyal user bases, and innovative technologies. Meta's social media platforms and Palantir's data aggregation and AI solutions are highly sought after, ensuring a steady stream of revenue. These growth drivers are sustainable, as both companies continue to invest in research and development, expanding their offerings and maintaining their competitive edges.

Meta Platforms and Palantir Technologies have impressive return on equity (ROE) and return on assets (ROA) compared to their peers and historical averages. Meta's ROE and ROA have consistently exceeded 20% over the past five years, while Palantir's ROE and ROA have also shown strong growth, albeit from a lower base. These high returns on capital indicate the efficient use of resources and the potential for continued growth.

The expected future growth rates for Meta Platforms and Palantir Technologies align with their current valuations, making them attractive investments for long-term investors. Meta's valuation of 27x forward earnings estimates is reasonable given its strong earnings growth and competitive advantages. Palantir's valuation of 112x forward earnings estimates may seem high, but its rapid growth and potential for continued expansion justify its premium valuation.

In conclusion, Meta Platforms and Palantir Technologies are two unstoppable growth stocks that offer investors an attractive entry point below $200. Their strong earnings growth, competitive advantages, and sustainable growth drivers make them compelling investments for long-term investors. As the market continues to evolve, these companies' innovative technologies and market positions will likely enable them to maintain their impressive growth trajectories.