This Growth Stock Could 10X in 10 years
There's no exact recipe for a company to follow to a 10-fold gain in 10 years. But when one looks back at the businesses that have accomplished this feat, there are some recurring themes. Increasing a market cap 10X requires financial prowess and an embrace of pushing what's possible to new limits. Chances increase even more if that company is in an industry that's growing at an exponential rate.
There are likely a handful of these diamonds in the rough on the market today, but few present as clear an opportunity as crypto exchange Coinbase Global (NASDAQ: COIN). With its embrace of technological innovation, a resilient business model, and position at the forefront of crypto's financial revolution, forecasting a 10X gain in 10 years might be underselling its true potential.
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Source Fool.com
Coinbase Global Inc. Stock
Our community is currently high on Coinbase Global Inc. with 31 Buy predictions and 16 Sell predictions.
However, we have a potential of -28.06% for Coinbase Global Inc. as the target price of 161 € is below the current price of 223.8 €.
