Top 3 S&P 500 Growth Stocks to Consider Buying ISA Stocks and Shares in 2025

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This year, a lot S&P 500 stocks have produced huge gains. Most of the shares I own in this stock market index have risen more than 30%.
Looking ahead to 2025, I expect this index to be a source of opportunity for investors again. With that in mind, here are three S&P 500 growth stocks to consider buying for a Stocks and Shares ISA.
Amazon
Starting with Big Tech’s performance, I love it Amazon (NASDAQ: AMZN) right now. It has done well this year (up about 50%). However, I think the uptrend here has legs.
One of the reasons I’m bullish is that after years of cost-cutting, Amazon is on the way to growth again. Recently, it has been releasing amazing artificial intelligence products designed to help customers build their AI systems.
It has also entered the AI chip space, and recently launched its powerful ‘Trainium 3’ product. These chips may be popular given that Nvidia’s chips are both very expensive and constrained to supply.
Now, the risk is a decline in consumer spending. Today, the majority of Amazon’s revenue still comes from online shopping.
With a price-to-earnings (P/E) ratio below 40, however, I like to set the risk/reward. I made my biggest stock.
Company KLA CORP
2024 was a mixed year for companies in the AI chip ecosystem. While Nvidia (which designs chips) has done very well, most of the companies that work in the technology of manufacturing chips have not.
Given this lack of activity in the area of chip manufacturing, I think there could be some opportunities here in 2025. And one stock I like is this one. Company KLA CORP (NASDAQ: KLAC).
The company focuses on technology that helps ensure chip quality and manufacturing efficiency. So, the way I see it, it’s a good game of ‘picks and shovels’ in the semiconductor industry.
That’s not the only reason I like it though. I also attract income growth and equity. For the year ending June 30, 2025, Wall Street expects earnings to grow by 30%. Meanwhile, the P/E ratio here is currently just 20.7, which is not high.
Now, I will point out that KLA generates about 20% of its revenue in China. So US export restrictions are dangerous.
I believe the company will do well in the coming years though. That’s because it plays an important role in the chip industry.
Nasdaq
Finally, I like the look of the Nasdaq (NASDAQ: NDAQ) as we look to 2025. It operates stock market platforms and provides solutions related to data, analytics, analytics, and regulatory technology.
There are a few reasons I’m rambling here. One is that as an operator of the technology-focused Nasdaq index, it should do well as the technology industry continues to grow.
Another is that the IPO market is likely to heat up next year. This can lead to more revenue for the company.
Finally, the stock is growing and the valuation looks attractive. Currently, the P/E ratio is less than 25.
Yes, in the short term, a downturn in the financial markets or the technology sector can lead to share price weakness. Taking a long-term view, however, I think stocks have a lot of potential.
I just bought a few for my portfolio.
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