11 Hot Growth Stocks to Invest in Now

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​1. CommScope Holding Company, Inc. (NASDAQ:COMM)

6-Month Performance: 351.74%

Number of Hedge Fund Holders: 38

​CommScope Holding Company, Inc. (NASDAQ:COMM) is one of the Hot Growth Stocks to Invest in Now. On October 13, CommScope Holding Company, Inc. (NASDAQ:COMM) and Nokia announced their joint initiative to streamline FTTH deployments in APAC.

​The joint initiative aims to streamline deployments in the APAC region by integrating CommScope Holding Company, Inc.’s (NASDAQ:COMM) FLX ODN terminals with Nokia’s Broadband Easy digital automation platform. Both companies anticipate that the combined solution will enable service providers with a digitized path to FTTH, with speed, automation, and accuracy.

Management noted that one of the biggest challenges in FTTH projects is the precise installation and provisioning of network components. The combined solution will enable providers to get the installation right the first time, thereby reducing errors and the need for highly specialized technicians.

CommScope Holding Company, Inc. (NASDAQ:COMM) is an international provider of infrastructure solutions for communication and entertainment networks.

While we acknowledge the potential of COMM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than COMM and that has 100x upside potential, check out our report about this cheapest AI stock.

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