3 Companies Whose Sales Could Double in 2017

3 Companies Whose Sales Could Double in 2017

The market might look frothy at its current all-time highs, but many companies are still growing their revenues at triple-digit rates. Let's check out three companies which could double their revenues this year -- Coherent (NASDAQ: COHR), Momo (NASDAQ: MOMO), and Invitae (NYSE: NVTA) -- and see if they're worth buying.

Coherent sells lasers for commercial and scientific research applications. Market demand for its precision lasers has been rising thanks to their ability to cut smaller products for the industrial, tech, and healthcare markets. For example, manufacturing smaller silicon chips or thinner flat panel displays wouldn't be possible without those precision lasers.

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Source: Fool.com