Prediction: These 3 Stocks Will 10X in the Next 20 Years
Getting a 10x return on a stock is not something people should take lightly. But when you break it down, a tenfold return over two decades works out to about 12% per year. That sounds modest until you count how few companies compound at that pace for 20 years. The ones that do tend to share a trait: They are building something today that the market has not yet priced in, and it should pay off for years in a sustainable way. Life Time Group Holdings (NYSE: LTH) , First Watch Restaurant Group (NASDAQ: FWRG) , and Freshpet (NASDAQ: FRPT) each run consumer businesses with long runways and potential turnarounds that could pay off over decades. Image source: Getty Images. Continue reading