These 3 Tech Companies Could Double Their Revenues by 2025
Many tech companies regularly update their growth forecasts for the current quarter and full fiscal year. Yet only a handful of companies are confident enough to set longer-term goals for the next few years.
So when a tech company sets an ambitious multi-year growth target, I pay attention -- it indicates the company's core business is strong, it will benefit from secular tailwinds, and it isn't fearful of macro challenges.
Some of these companies even claim they can roughly double their annual revenues within the next five years. Let's take a look at three of these bold companies -- Salesforce (NYSE: CRM), Veeva Systems (NYSE: VEEV), and PayPal (NASDAQ: PYPL) -- and see why have such rosy expectations for the future.
Source Fool.com
