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This High-Risk, High-Reward Stock Might Double Your Money

TheMotleyFool

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This High-Risk, High-Reward Stock Might Double Your Money

Chasing short-term gains is usually not the best strategy in the stock market. Investing in solid companies and holding their shares for a long time is still the best way to grow your capital. However, some companies with a promising future can provide explosive short-term gains too.

Let's look at an exciting stock that might double your money in the next year: BioXcel Therapeutics (NASDAQ: BTAI). This small-cap biotech has significantly lagged the market since the beginning of the year, but there's a major, potential catalyst on the way for the drugmaker.