2 Top Stocks That Could Turn $500 Into $5,000 in 10 Years
Major secular trends are a great starting point when looking for new investment ideas. Innovations like cloud computing and digital financial services have already changed the world, and those trends are only gaining momentum. Of course, not all stocks in a given industry will outperform the market over the long term, so the next thing I look for is a competitive advantage. In other words, what differentiates a company from its rivals?
With that in mind, DigitalOcean Holdings (NYSE: DOCN) and SoFi Technologies (NASDAQ: SOFI) have recently caught my eye, and I think both of these stocks could grow tenfold in the next decade. Here's why.
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Source Fool.com
