3 Companies Whose Sales Could Jump 50% in 2017
Investors love to see sales growth in their companies as a growing top line tends to correlate with rising profits. When revenue is skyrocketing, though, it could point to more than just a short-term pop in earnings.
A business with sharply rising sales might be disrupting a new industry niche, for example, or soaking up market share from stunned rivals. Situations like these could make the stock an attractive long-term bet.
With that in mind, let's look at three companies, LendingTree (NASDAQ: TREE), Shopify (NYSE: SHOP), and Winnebago (NYSE: WGO), that are on pace to boost sales by 50% or more this year.
Source: Fool.com
Winnebago Industries Inc. Stock
€57.00
1.790%
Our community is currently high on Winnebago Industries Inc. with 5 Buy predictions and 1 Sell predictions.
As a result the target price of 69 € shows a positive potential of 21.05% compared to the current price of 57.0 € for Winnebago Industries Inc..
