Got $3,000? These Supercharged Stocks Can Triple Your Money in a Decade
Investing in fast-growing companies that are serving a crucial need in the world can be a rewarding strategy to find long-term winners in the stock market.
One secular trend that is certain to lead to some big returns is growth in digital services. Here's why Avid Technology (NASDAQ: AVID) and Snowflake (NYSE: SNOW) are well-positioned for a prosperous decade ahead.
Avid Technology provides professional content creation tools that are used widely by music artists, filmmakers, and broadcast teams in TV production. Revenue accelerated in the most recent quarter to 20% year over year, but Avid's transition to a subscription-based model could lead to a very lucrative future.
Source Fool.com
