CPNG - 3 Monster Growth Stocks That Could Turn $250000 Into $1 million by 2030
2023-04-15 08:00:00 ET
The market sell-off has driven even the strongest companies below their highs over the last year. While you won't find many companies hitting new 52-week highs right now, there are plenty of well-positioned companies destined for bright futures that are trading at discounted prices relative to their future worth.
For growth investors looking for contrarian plays to juice returns in the next bull market, a team of Motley Fool contributors recently selected three good candidates. Here's why they think Farfetch (NYSE: FTCH) , Roku (NASDAQ: ROKU) , and Coupang (NYSE: CPNG) could explode over the next seven years.
Jennifer Saibil (Farfetch): Farfetch is a classic risk versus reward proposition. It's facing massive pressure from both internal and external factors, but there's reason to be optimistic about it's future. Farfetch stock is down about 73% over the past year and 84% since it became a public company. If the company turns itself around, the stock could seriously skyrocket.
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3 Monster Growth Stocks That Could Turn $250,000 Into $1 million by 2030