Two High-Growth Stocks to Put on Your Watchlist

Today we’re taking a look at two growth stocks that should be on your watchlist right now. The first is competitively placed in the educational market and seeing a substantial amount of new student enrollment growth. The second is a gaming company with a unique loyalty program — and it’s going public via a SPAC (special-purpose acquisition company) merger.

First, we’ll talk about American Public Education (NASDAQ:APEI). It has two significant sources of revenue. The first is Hondros College of Nursing, which serves the needs for nursing education both online and in campus; new student enrollment growth for 2020 was up 88% from 2019. The second is American Public University, which serves military, public service, and civilian communities; new student enrollment growth for 2020 was 25% greater than 2019.

Second, we’ll discuss the SPAC Acies Acquisition (NASDAQ:ACAC). It’s in talks to merge with Playstudios, a gaming company backed by MGM Resorts International, which offers real-world rewards that people can collect by playing games. Playstudios already has partnerships with numerous hotels, cruises, and restaurants; loyal players of its games can reap the rewards of free night stays, free tokens, and much more.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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