This Growth Stock Could 10X in 10 Years
The largest industry in the world is real estate, valued at $326.5 trillion at the end of 2020. Like in most industries, technology players are going after parts of the real estate supply chain, trying to help the industry get more efficient and improve the customer journey. Some companies, like Zillow, have tried and failed so far to digitize part of the real estate market, while others are growing quickly with well-thought-out solutions.
One of these other companies is Latch (NASDAQ: LTCH). The recent entrant to the public markets is growing rapidly, has a small market cap, and is going after a large part of the real estate industry. In my mind, this gives the stock a good chance to go up 10x in the next 10 years.
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Source Fool.com