Every investor is a phenomenal stock picker with hindsight. If investors could go back five years and buy stocks with today’s hindsight, they would pick companies like Tesla (NASDAQ:TSLA) and Nvidia (NASDAQ:NVDA). Those two stocks grabbed many headlines and generated substantial returns for shareholders.
Some investors like to allocate a portion of their portfolios toward stocks they believe can soar, like Tesla and Nvidia. Picking a moonshot stock is risky business, but it can go extremely well if you choose the right companies.
While many of these stocks have high revenue growth and significant losses, other companies are profitable and grow sustainably. Investors may benefit from accumulating shares in these three companies.
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