2 No-Brainer Growth Stocks to Buy With $200 in July and Hold at Least a Decade

One of the biggest misconceptions is the idea that you need to have lots of money to get started

Right now, two outstanding stocks highlight just how easy it is to get started with in small increments

Both of these well-positioned es have strong advantages that could allow them to outperform the competition in the decade ahead

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Nvidia Even the fear of new tariffs can't stop the largest cloud service viders from buying Nvidia's graphics cessing units hand over fist

The designer of the chips that most artificial intelligence (AI) applications rely upon reported fiscal first-quarter sales that surged 12% from the previous quarter and 69% from the previous-year period

Expected spending on data centers could push it even higher

Big 's data center ambitions suggest significant growth ahead

A strong network effect means investors can reasonably assume Nvidia will absorb heaps of AI data center spending in the years ahead

Nearly all developers of AI applications are already familiar with CUDA, the software development kit (SDK) specific to Nvidia's ducts

Even if Nvidia's competitors build superior chips at a discount, developers already know that selling them without an SDK is an uphill battle

Despite a strong competitive advantage and data center building intentions from the world's biggest es, Nvidia stock has been trading at 36. 8 times forward earnings estimates

This is a high valuation if you assume Huang's prediction regarding the next few years of data center spending is too ambitious

For investors with a high risk tolerance who think AI is here to stay, this is a great stock to buy now and hold over the long run

Now, 38 states offer it, and more are on the way

It's easy for gamblers to switch applications when placing a bet

Whether they use a service from Flutter or DraftKings, Sportradar Group or Genius Sports is more than ly viding the data. , Sportradar Group has partnerships with the NBA, NHL, NASCAR, and MLB

Headquartered in Europe, Sportradar also has partnerships with larger international organizations FIFA

Except for Genius Sports, there aren't any competitors with nearly as large a foot in the sports data niche

Recently, Sportradar secured exclusive rights to distribute low-latency betting data from the FIFA World Cup

With heaps of cameras already set up in stadiums around the world, Sportradar was an obvious choice for FIFA

Sportradar reported first-quarter sales that rose 17% year over year and expects further growth at this pace

Sportradar stock has been trading at 53 times its trailing free cash flow

A high valuation means the bottom could fall out from under this stock if management can't meet its forecasts

Given the high barriers to entry in this rapidly growing niche industry, I won't be surprised if the company blows past its forecasts

Adding some s to a diversified portfolio now and holding on for at least a decade looks a smart move

Cory Renauer has positions in Sportradar Group Ag

The Motley Fool has positions in and recommends Nvidia and Sportradar Group Ag

The Motley Fool recommends Flutter Entertainment Plc and Genius Sports

The Motley Fool has a disclosure policy.