3 Stocks That Offer Explosive Potential Gains
Investors looking for stocks with explosive growth potential sometimes seek out companies in sectors like biotech, where the outcomes can be almost binary. In the realm of cutting-edge healthcare, each hopeful new product or treatment will either be a success that could lead to monster profits, or fail to pass regulatory muster and earn nothing. Enough failures, and such companies' stock prices can go to zero.
These three companies, on the other hand, have massive growth opportunities, but much less of that all-or-nothing risk. They either have successful businesses already, or are quickly growing in sectors that seem to have unstoppable momentum.
Some of the catalysts that will be driving their share prices are more short term, while others will likely take years to play out. But there are good reasons to expect that electric vehicle (EV) maker NIO (NYSE: NIO), EV charging network leader ChargePoint Holdings (NYSE: CHPT), and North American steelmaker Nucor (NYSE: NUE) could produce significant gains for shareholders in the years ahead.
Source Fool.com
