NVDA - 2 Monster Growth Stocks Could Increase Sales 469% and 630% in 10 Years According to Wall Street Analysts
2023-11-02 05:08:00 ET
Strong sales growth is one hallmark of a successful business. It is not the only important metric by any means -- profitability is essential at some point -- but sales growth is ultimately the limiting factor where profitability is concerned.
With that in mind, Morgan Stanley analyst Keith Weiss expects 469% sales growth from Shopify (NYSE: SHOP) over the next decade, and Morningstar analyst Brian Colello anticipates 630% sales growth from Nvidia (NASDAQ: NVDA) during the same period.
Here's what investors should know about these monster growth stocks.
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2 Monster Growth Stocks Could Increase Sales 469% and 630% in 10 Years, According to Wall Street Analysts