These 3 Stocks Have Doubled and Still Have Room to Grow
The pandemic has boosted businesses that have been able to adapt and evolve their business models to cope with the challenges. Some companies have been resourceful in pivoting toward online sales and services or latching onto trends that have been accelerated by the crisis, and the companies that posted growth despite these tough times have seen their share prices double over the last 12 months.
But don't be put off by this sharp jump. In some cases these price increases are justified, and there's reason to expect even better days to come. Investors need to extend their time horizons and look at the potential for these companies to grow even larger as they latch onto continuing catalysts.
Here are three stocks that have doubled over the last year that I believe have the potential for further growth.
Source Fool.com