3 Great American Growth Stocks to Buy This July

Regularly buying s of growing es through the stock market is one of the best ways to build wealth, and it's often the case that the brands you are most familiar with can make rewarding investments

For this Independence Day, you might consider in these U. -based companies

Com contributors as timely buys this month

Read on for why they believe these stocks could ignite your portfolio

Image source: Getty Images

A great American comeback Jeremy Bowman (Walt Disney): Few brands are as closely associated with American culture as Disney

For a century now, Disney has been a top name in family entertainment around the world, from Mickey Mouse to the -action Lilo & Stitch remake

However, the stock has struggled over the last decade, as Disney was slow to transition to the ing era, preferring to milk its cable cash cow empire for every last drop

After a post-pandemic hangover, the now appears to be on better footing, and its ing services are fitable and growing

As Netflix has shown, there is huge fit potential in ing, and Disney, with now full ownership of Hulu, has the content library to build a similar fit in ing

Additionally, Disney is prepping to launch its flagship ESPN ing app this fall, making the full ESPN package available outside of cable TV for the first time

That's ly to give the company a boost in revenue and fits as it reaches a generation of cord-cutters that it has neglected

Its theme park continues to crank out cash, meanwhile, and the company plans to add a new park in Dubai

Altogether, Disney stock looks poised to rip higher over the coming years

Young shoppers are driving growth Jennifer Saibil (e

Beauty is taking over as the preferred mass cosmetics brand in the U. , and it continues to report growth despite a pressured macroeconomy

While its competitors lose market, e

Continues to gain, becoming more and setting itself up for even stronger performance under better conditions

It's doing everything right to appeal to its core, younger clientele, branding itself with their values and being on social media, where they are

It positions itself as an eco-conscious, it has marketing campaigns that champion diversity and empowering women, and it has released several multimedia specials featuring well-known celebrities

These efforts are resonating with e

Beauty's young customers, and its low prices don't hurt, either

It had reported fantastic growth when inflation first skyrocketed and shoppers switched to cheaper brands, and that was a setup for slowing growth in the aftermath, which is what's happening now

But after this lumpy period, e

Should have steadier growth for many years

Even now, it's demonstrating growth in a tough environment

The company has many growth drivers

Although it's the top U

Mass brand in color cosmetics unit, it has a ways to go in skincare, which is where it's

It's inking new deals with more stores, and it recently acquired cosmetics brand Rhode, which will be a step toward the premium market

The market's been disappointed in its slowdown, and it had become very expensive, setting itself up for a fall

But it's starting to climb again as investors recognize the opportunity, and at 28 times forward one-year earnings, it looks a great time to buy for the forward-thinking investor

This Oregon-based coffee chain is expanding nationwide John Ballard (Dutch Bros): Dutch Bros is an emerging powerhouse in the drive-thru coffee space

Since most states don't yet have a Dutch Bros store, the stock offers excellent return spects based on growth potential

Importantly, it reported same-shop sales growth of 4. 7% in Q1, which is solid considering Starbucks continues to report declining sales

Dutch Bros is seeing positive growth signals that its brand is resonating in a competitive market for coffee

However, coffee only makes up roughly half of its

Dutch Bros also offers lemonades, teas, smoothies, and energy drinks, and it's currently testing food at select locations

It's also important to see a growing restaurant execute its growth strategy in a fitable manner

A successful food pilot test indicates potential to capture incremental beverage sales and expand margins

This is a mising growth story that could make a very rewarding investment as Dutch Bros expands to all 50 states

Jennifer Saibil has no position in any of the stocks mentioned

Jeremy Bowman has positions in Netflix, Starbucks, and Walt Disney

John Ballard has no position in any of the stocks mentioned

The Motley Fool has positions in and recommends Netflix, Starbucks, Walt Disney, and e

The Motley Fool recommends Dutch Bros

The Motley Fool has a disclosure policy.