My Favorite 10-Bagger Stock for 2022
Things are getting a little scary for some investors right now as rising inflation concerns also lead to a rise in market volatility. But the fears this volatility is causing for some is creating excitement for others who see this as an opportunity to buy stock in great companies at reduced prices. A glance at the market shows many high-quality growth stocks are trading at bargain levels, well off their highs.
Buying at bargain prices greatly increases the chances of buying a stock that can generate 10-bagger returns over time. In 2022, my favorite 10-bagger stock idea is real estate tech company Opendoor Technologies (NASDAQ: OPEN). Let's take a closer look at this company and why I think it has such strong growth potential in the coming year.
Image source: Getty Images.
Source Fool.com
