Just released: the 3 best growth-focused stocks to consider buying in May [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:

PayPal (NASDAQ:PYPL)

PayPalâsÂ Q1 earnings showed net revenues increasing by 2% at constant currency, and while this isnât stellar growth, underlying PayPal branded volume growth was decent at 6%.
The company is focusing on profitable,Â âdurableâÂ growth, rather than a higher proportion of low-margin processing volumes.
To that end, underlying dollar margin growth (an important profit measure) grew at 8%, a slightly faster rate than the previous quarter.
The company has cut costs in recent years as part of an efficiency drive, helping operating margins move higher, with margins increasing by a further 257 basis points to 20.7% in Q1. These improvements also highlight the scalable nature of payment processing.

âBest Buys Nowâ Pick #2:

Redacted

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

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