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3 Companies Whose Revenue Could Double This Year


3 Companies Whose Revenue Could Double This Year

Revenue growth is one of the most important catalysts for stock performance. The top-line figure may offers the best indication of a business's direction and future prospects, as every successful company need to deliver sales growth. Profits may be considered the more important figure, but earnings per share can be obfuscated by cost-cutting, share buybacks, and adjustments. Revenue, on the other hand, is almost always a straightforward number, and the market has shown -- as with stocks like Amazon.com -- that strong revenue growth is more than enough to make up for a lack of profits.

With that in mind, let's take a look at three stocks whose sales could double this year.

Image source: Getty Images.

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Source: Fool.com

Amazon.com Inc. Stock

€226.95
-1.330%
A loss of -1.330% shows a downward development for Amazon.com Inc..
Our community is currently high on Amazon.com Inc. with 204 Buy predictions and 7 Sell predictions.
As a result the target price of 258 € shows a slightly positive potential of 13.68% compared to the current price of 226.95 € for Amazon.com Inc..
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