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Anonymous
How do we find companies that can 10x? Currently a young student looking for very high returns over the next decade! Please give recommendations of companies I can look into thanks!!
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Basically find an up and coming company that is promising but is currently largely under the radar and most importantly trading at an extremely cheap stock price.
To your question, PTRA (Proterra) at current cheap prices might do 10X in 10 years in my opinion only (not financial advice).
But the thing about these companies is that just as they may do 10x gains, they may also make almost 100% in losses. You have to really believe in the company to HODL through the ups and downs and only use money that you can afford to loose.
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Gerald Ong
26 Jul 2021
Full-Time YouTube Educator at www.youtube.com/GeraldOngSL
If I told you my pick, I don't think you'll understand why... If I've to guess, here are my guesses
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CELH - US Stock
ADA (Cardano Crypto)
SFT - US stock
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Curious? Well I started investing looking for 10x companies and didn't diversify, that company rose VERY sharply and I earned a lot, but didn't cash out and the situation quickly reversed, the company went down FAST! and a bigger, unprofitable company acquired my stock for cheap and I lost a lot of money, $50k USD to be exact, enough to pay my SMU Uni fees.... so lesson learned Learn how to protect backside, then talk about upside!
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P.S Pls do due diligence before investing in any companies and always buy a basket to protect from a sharp loss of capital. Good luck!
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These projections are based on consensus analyst estimates for 1-year, but some of these companies def have 10x potential https://www.wallstrank.com/
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Sea Limited...
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Another way to approach this from a "i dont want to lose any money" perspective, is to ask yourself based on your own homework, "which company will thrive for the next 10 years?"