2 Monster Stocks in the Making
Ever wondered how small companies grew larger and became well known to the general public? Many businesses started small but had a management team that could articulate clear strategies for long-term growth. Over time, these companies slowly but surely strengthened their competitive moats and built up an impressive track record of consistent increases in revenue and net income.
That's how we ended up with famous companies such as Apple and Nike. Both companies started as small businesses but grew larger over time due to savvy management and strong product portfolios. Since 1980 (when both Apple and Nike were listed), their shares have returned multiples of what stockholders paid for them back then.
MarketAxess (NASDAQ: MKTX) and DocuSign (NASDAQ: DOCU) are two companies that are reporting healthy growth and have clear catalysts that could make them the monster stocks that everyone wishes they owned.
Source Fool.com
