S - 3 Growth Stocks That Could More Than Double Their Revenue by 2025
2024-02-02 16:37:00 ET
Many hypergrowth stocks lost their luster over the past two years as rising interest rates throttled their growth, cast a harsh light on their steep losses, and compressed their valuations. However, analysts still expect many of those out-of-favor companies to more than double their annual revenue by 2025.
Let's check in on three of those stocks -- the electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) , the cybersecurity company SentinelOne (NYSE: S) , and the quantum computing firm IonQ (NYSE: IONQ) -- to see if they're worth buying.
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3 Growth Stocks That Could More Than Double Their Revenue by 2025