2 Unstoppable Growth Stocks That Could Double by 2030
Doubling your money within five years is no easy task. It requires careful consideration of what stocks you choose to buy. Even investrors who concentrate their search on quality companies at reasonable valuations isn't going to get every stock pick right. One way to improve your chances at finding stocks that can double is to buy stocks that can grow their business at high-double-digit rates.To aid your search, here are two stocks poised to double in five years.Shopify (NYSE: SHOP) has positioned itself as the operating system of e-commerce. It provides all the tools a merchant needs to open an online storefront and grow its business, including payment processing and shipping solutions. The stock has delivered phenomenal returns since its initial public offering in 2015, but the company continues to post high rates of revenue growth that point to many years of excellent returns.Continue reading
Doubling your money within five years is no easy task. It requires careful consideration of what stocks you choose to buy. Even investrors who concentrate their search on quality companies at reasonable valuations isn't going to get every stock pick right. One way to improve your chances at finding stocks that can double is to buy stocks that can grow their business at high-double-digit rates.
To aid your search, here are two stocks poised to double in five years.
Shopify (NYSE: SHOP) has positioned itself as the operating system of e-commerce. It provides all the tools a merchant needs to open an online storefront and grow its business, including payment processing and shipping solutions. The stock has delivered phenomenal returns since its initial public offering in 2015, but the company continues to post high rates of revenue growth that point to many years of excellent returns.
