Amid ongoing geopolitical tensions, particularly the conflict with Iran and the closure of the Strait of Hormuz, oil prices have surged, raising concerns about supply shortages for critical resources. However, for long-term investors, focusing on growth stocks remains essential. Three standout options include Amazon, Dutch Bros, and e.l.f. Beauty, each presenting unique catalysts for future growth.

Amazon (AMZN) is ramping up its investment in data center infrastructure, allocating $200 billion to bolster its cloud computing unit, AWS, which is showing accelerating growth. Dutch Bros (BROS) is expanding its footprint with a unique beverage menu and plans for food offerings, aiming for 7,000 locations in the U.S. e.l.f. Beauty (ELF) is leveraging its acquisition of Hailey Bieber’s Rhode skincare brand to enhance distribution and product lines, positioning itself for significant growth.

Investors looking to allocate $10,000 can strategically position themselves in these stocks, with Amazon, Dutch Bros, and e.l.f. offering promising long-term returns despite current market volatility.

Source: fool.com