3 Companies Whose Sales Could Jump 50% in 2017

3 Companies Whose Sales Could Jump 50% in 2017

Investors love to see sales growth in their companies as a growing top line tends to correlate with rising profits. When revenue is skyrocketing, though, it could point to more than just a short-term pop in earnings.

A business with sharply rising sales might be disrupting a new industry niche, for example, or soaking up market share from stunned rivals. Situations like these could make the stock an attractive long-term bet.

With that in mind, let's look at three companies, LendingTree (NASDAQ: TREE), Shopify (NYSE: SHOP), and Winnebago (NYSE: WGO), that are on pace to boost sales by 50% or more this year.

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Source: Fool.com