2 Stocks That Could Make You Filthy Rich
One way to spot future wealth-building stocks is to look for relatively small companies in their respective industry that have consistently posted high growth rates. Ideally, look for companies that have a much larger addressable market than their current annual revenue. This is a good indicator that the company has plenty of headroom to grow and can likely maintain its high growth rate for many years and fuel a big return for investors.
Two companies that meet these criteria are Farfetch Limited (NYSE: FTCH), the leading global online luxury goods seller, and lululemon athletica (NASDAQ: LULU), an emerging juggernaut in the athletic apparel industry. Here's a brief review of their operating histories and why the future looks bright for these fast-growing companies.
Image source: Getty Images.
Source Fool.com