Three stocks with potential to increase five-fold by 2030
From Nasdaq: 2024-12-20 04:50:00
- Moderna, a biotech stock with a market cap of $14.8 billion, has the potential to become a five-bagger by 2030. With new products in the pipeline and strong financials, this stock could be a bargain investment opportunity.
- Summit Therapeutics, with a market cap of $12.5 billion, has a promising lead pipeline candidate that could lead to significant growth. If approved, this drug could easily turn a $1,000 investment into $5,000 by 2030.
- Uber Technologies, although facing challenges, could still become a five-bagger by 2030 in the autonomous ride-hailing market. With existing partnerships and potential market growth, Uber has the potential to see significant gains in the future.
Read more at Nasdaq: 3 Stocks That Could Turn $1,000 into $5,000 by 2030