How to Find Growth Stocks Right Now

The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.

When Federal Express cuts its outlook because of slowing global growth, it's time to pay attention. But just because economic growth is slowing doesn't mean we should avoid growth companies altogether. Regardless of the economy, the use of data, for example, will continue to grow as computing power rises and storage prices fall. There are some very interesting companies taking advantage of that trend, in fact. Splunk and Informatica want to help companies analyze all of the data being created to make better decisions. Infinera sells optical networking equipment to telecoms to move the massive amounts of data around the world. And telecoms are just starting the next upgrade cycle. The most interesting idea John and David see to play the big data trend is Fusion-io. As millions and millions of devices are connected, we need more servers. Fusion-io's products use flash memory to help servers run more effectively, so users can get the right data at the right time.

The amount of data we store every year is growing by a mind-boggling 60% annually! To make sense of this trend and pick out a winner, The Motley Fool has compiled a new report called "The Only Stock You Need To Profit From the NEW Technology Revolution." The report highlights a company that has gained 300% since first recommended by Fool analysts, but still has plenty of room left to run. Thousands have requested access to this special free report, and now you can access it today at no cost. To get instant access to the name of this company transforming the IT industry, click here -- it's free.

The article How to Find Growth Stocks Right Now originally appeared on Fool.com.

David Meier owns shares of Infinera. John Reeves has no positions in the stocks mentioned above. The Motley Fool owns shares of Fusion-io and Infinera. Motley Fool newsletter services recommend FedEx, Infinera, and Informatica. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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