2 Monster Growth Stocks Could Increase Sales 469% and 630% in 10 Years, According to Wall Street Analysts
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 (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.
Source Fool.com
Shopify Inc Stock
Currently there is a rather positive sentiment for Shopify Inc with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 41.32% compared to the current price of 53.07 € for Shopify Inc.