2 Growth Stocks That Could Rally Over the Next Decade
It's always a good idea to invest in companies that have exceptional long-term growth potential. Paying a reasonable price for that growth is important, though, as overpaying for a hot growth stock can cost you dearly if the best-case scenario fails to play out.
While General Motors (NYSE: GM) and Akamai (NASDAQ: AKAM) may not be obvious picks for growth stocks, both have impressive growth potential over the next decade.
Automaker GM is setting its sights on becoming a much larger company this decade. By betting big on electric vehicles, autonomous driving, and software, GM is targeting annual revenue of between $275 billion and $315 billion by 2030. That's about double the revenue it generated in 2022.
Source Fool.com
General Motors Corp Stock
€41.96
1.490%
Our community is currently high on General Motors Corp with 33 Buy predictions and 5 Sell predictions.
As a result the target price of 46 € shows a slightly positive potential of 9.63% compared to the current price of 41.96 € for General Motors Corp.
