Prediction: This Breakout Growth Stock Will Be Worth $1 Trillion in 10 Years
As you read these words, digitization is reshaping the world. This year, consumers will spend a record $4.9 trillion shopping online, according to eMarketer. And that figure will keep growing at 11% annually through 2025, reaching $7.4 trillion. Over the same period, digital wallet usage is expected to double, and the mobile gaming industry will grow at an annualized pace of 14%.
As those trends play out, few companies are better positioned to benefit than Sea Limited (NYSE: SE). The stock has already generated monster returns for shareholders, skyrocketing 2,410% over the past three years. But Sea's growth story is far from over. In fact, I think this stock will break out over the coming decade, achieving a $1 trillion valuation.
Here's what you should know.
Source Fool.com
