Buy Alert – Tiny tech stock about to explode
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Right now, there's a tiny tech stock with a market cap of just about $150 million… But not barely three years ago – it was worth about $6 billion… About 40Xwhere it is today. And right now, my flagship Stealth Trades system is telling me this stock could be setting up for a mega breakout higher. If it gets anywhere even close to its 2020 price – you could be in for huge returns… Because remember, going back to its previous price would mean a 4,000% gain… Enough to turn a single $1,000 stake into $40,000…. A $2,500 stake into a retirement-boosting $100,000… And a $10,000 stake into a buy-yourself-a-house $400,000. If you miss out on this, you may remember this for years to come… So, don't allow that to happen. All you have to do to get the details on this potential millionaire-maker tech stock… Is to click here to get a full year of Stealth Trades for just $5 – before it takes off without you. I've put together a FREE report with all the details of this potential millionaire-maker tech stock – plus other high-potential stocks – that could surge as soon as this week. But I'm taking it down very soon… So click here to get this free report before it's too late.
When we look at growth stocks, we're essentially talking about an investment strategy that's not just about beating the market, but doing it in a way that aligns with one's long-term financial aspirations, particularly retirement. The allure of these stocks lies in their potential to deliver outsized returns, but it's critical to acknowledge that this comes with a higher risk profile and the necessity for astute and active management.
For those who are willing to dig deeper and do their homework, growth stocks can present some truly compelling opportunities. What's particularly attractive is the chance to find stocks that might double in value over a relatively short period. However, it's important to remember that the risk spectrum in growth stocks is wide – some can be quite volatile, while others offer more predictability in their valuation.
Now, looking ahead to 2024, ZeroFox (NASDAQ: ZFOX) really catches the eye in this space. Here's a high-risk, high-reward cybersecurity company, currently trading at just $0.58 per share. Despite the setbacks post its SPAC merger, there's a real sense of optimism about its future profit potential.
ZeroFox stands out with its AI-driven platform, delivering digital risk protection and threat intelligence. The company has reached a pivotal point, achieving positive free cash flow for the first time in the second quarter of fiscal 2024, and is now targeting consistent cash flow generation in the second half of fiscal 2025.
One of the key strengths of ZeroFox is its focus on subscription-based revenue, which is growing at a faster rate than their service revenue, translating into higher gross profits. With around 2,400 customers and $185.9 million in annual recurring revenue as of the third quarter of fiscal 2024, they're projecting revenues between $214 and $217 million for the fiscal year 2024.
Another stock worth considering is Perion (NASDAQ: PERI). This is a smaller ad-tech firm with a market valuation of $1.5 billion, and it has experienced a remarkable growth of 1,100% over the past five years. Despite the market challenges in 2022 and a spike following a strategic acquisition, Perion still appears undervalued, especially with a P/E ratio of 13.
Perion's financial health is robust, with a revenue increase of 17% in the third quarter and a 28% year-over-year increase in net income. The company is sitting on a substantial cash reserve and is planning further acquisitions in 2024, which could significantly enhance its growth and market share.
Lastly, we have Celsius (NASDAQ: CELH), the highest-valued company on this list, with a market cap of $11 billion. Known for its strong revenue and earnings growth, Celsius's stock has increased by 48% year-to-date and a staggering 4,600% over the past five years. Its partnership with Pepsi (NYSE: PEP) in 2022 has been a strategic move to expand its international footprint.
Celsius's revenue growth, especially in North America, has been impressive, with a 104% increase year-over-year in the third quarter. There's substantial potential here, particularly if Celsius can align its revenue streams similarly to Pepsi's, where a significant portion comes from North America.
In summary, these growth stocks represent intriguing opportunities for investors in 2024. But, as always, it's essential to weigh the potential rewards against the inherent risks and to approach these investments with a well-thought-out strategy.
Bill Gates is all about this tiny $2 stock
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This seems like a worthless stock… So why did Bill Gates say THIS about it?
What does Bill Gates know about this tiny company that we don't?
From the outside, it looks like a worthless $2 stock…
But according to Bill Gates…
This company is working on a unique technological innovation that is going to change the world as we know it…
“…As revolutionary as the personal computer, the Internet, and the mobile phone. It will change the way people work, learn, travel, and communicate with each other.”
-Bill Gates
And it's not just him…
Powerful companies like Microsoft, Intel, and Google are all quietly racing to be at the forefront of this new phenomenon…
But it's this tiny company who holds the keys to what could be a $7 Trillion Revolution…
Click here to discover why Bill Gates is all about this tiny $2 stock.
