Joshs Finance

10x Potential Stock Picks — 3 Stocks to Buy Now – The Motley Fool

Every investor is continuously searching for the next big winner in his or her portfolio — a stock that will provide significant growth for long-term investors. These are often referred to as “bagger stocks.” Many high-quality companies beaten down from recent highs could be buying opportunities. I have spent countless hours researching my favorites, and I want to share three of these stock picks with you.

In today’s video, I provide three of my favorite growth stocks that I believe could provide tenfold returns over the next 10 years. These companies are leaders and disrupters with significant total addressable market (TAM). I cover stock picks from the following secular growth trends:

  • E-commerce
  • Artificial intelligence (AI)
  • Semiconductors

One of my favorites is Indie Semiconductor ( INDI -4.53% ), which was founded to focus on semiconductor and software solutions for the automotive industry. It creates connected car solutions, user experience solutions, electrification applications and equipment, and edge sensors for Advanced Driver Assistance Systems (ADAS), which includes lidar. David Aldrich, retired chairman of the board of Skyworks Solutions ( SWKS -3.79% ), is on Indie’s board of directors, and he has an incredible track record in the semiconductor space. With a market cap under $1 billion and several key wins teed up for production, it’s easy to see how Indie could be a tenfold stock over the next decade. 

Please watch the below video for more information on Indie Semiconductor as well as two additional tenfold stock pick ideas. Thanks for watching and please don’t forget to like, comment, and subscribe. Cheers!

*Stock prices used in the video were from the trading day of April 14, 2022. The video was published on April 15, 2022.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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