Just released: the 3 best growth-focused stocks to consider buying in November [PREMIUM PICKS]

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Our monthly Fire Best Buys Now are designed to highlight our teamâs three favourite, most timely Buys from our growing list of growth-focused Fire recommendations, to help Fools build out their portfolios.

âBest Buys Nowâ Pick #1:

Airbnb (NASDAQ:ABNB)

Revenue for Q2 grew by 11% to $2.75bn, driven by 9% volume growth and 2% rate increases.
Investors worried about slowing growth for Q3 (8-10% guidance was given), but we still think its accommodation network of over 5 million hosts is a powerful advantage.
Replicating Airbnbâs network would take serious time and expense for competitors.
Further, rates are expected to grow in the third quarter, suggesting that consumers still desire premium homes, rather than trading down.
While the company isnât immune from an economic slowdown, we remain attracted to the strong positioning of this network-effect business, and the influence of co-founder/CEO Brian Chesky to drive long-term growth through new products and services

âBest Buys Nowâ Pick #2:

Redacted

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The post Just released: the 3 best growth-focused stocks to consider buying in November [PREMIUM PICKS] appeared first on The Motley Fool UK.

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The Motley Fool UK has recommended Airbnb.