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Ask HN:Recommended tech stocks(maybe others) that have potential for 10X returns

13 pointsby thtthingsabout 6 years ago
I am looking for innovative companies that will grow 10x in market cap. Duration is not important. It can be 5 years or 20 years

3 comments

marketgodabout 6 years ago
I don't know about 10 years but for 1-year returns. It looks like AMZN is set to test $2400 relatively soon and BlackBerry can test $12-$14 in 4 months. Also AAPL is set to test $250.
MarkMyWordsManabout 6 years ago
MongoDB ($30 to $130 in last 12 months), Elastic, Netflix, Amazon
muzaniabout 6 years ago
Pretty much the lower part of NASDAQ. Established companies like Apple is unlikely to hit 10 trillion market cap.<p>Out of the big ones, only Amazon has huge potential, as they&#x27;re still mostly limited to developed countries. E-commerce in developing countries is huge, but they make little effort, often have a lot of counterfeit products and such. I can see Amazon coming in and disrupting incumbents.<p>Chinese companies are in one of the fastest growing markets and they go into it with a good work ethic, and are also highly defensible. They tend to have a strong P&#x2F;E ratio too, e.g. something like Huawei makes about as much money as Google and has many more products, but is unfortunately not for sale.<p>What intrigues me about Chinese companies is that they&#x27;ve expanded well into both developing and developed nations. American companies can be flawed in that they have a huge local market to work with but it&#x27;s culturally homogeneous. And so they have trouble expanding into other countries unless they&#x27;re willing to learn.<p>E.g. Uber entered markets that were 80% cash based versus competitors who knew how far they could play dirty. They got a bloody nose in some of the more corrupt countries. Stripe&#x27;s making effort to expand, but the countries dealing with corruption also have a complex bureaucratic process. I&#x27;d also advise to be careful with listed companies that deal with things like finance, as they&#x27;re going to be tied down by regulation in other countries and often get disrupted by locals who know how the play the game.<p>Islamic sector looks underdeveloped. Lots of money, lots of people. But don&#x27;t invest in something you don&#x27;t understand deeply. A lot of non-Muslim investors overinvest in the halal sector, not realizing that it&#x27;s not that big a deal. A good example is Muzmatch, where Muslims are looking for a spouse (not a date!). This is something that OKCupid and Tinder can&#x27;t disrupt.<p>The Middle East may not have the talent of the West or the work ethic ot the East, but they have a heck lot of money and are eager to invest it into something other than oil. With Careem&#x27;s acquisition, middle eastern tech ecosystem will probably get a huge boost of both investment and talent in the following years.<p>Privacy is also a huge trend, especially with the rise of AI. I don&#x27;t expect it to beat Facebook, but it can certainly grow 10x.<p>In this &quot;late&quot; era of apps, I&#x27;d look at solutions that still haven&#x27;t expanded globally, or those who did and are riding a growing market. e.g. SE Asia&#x27;s e-commerce market expected to grow 5x from 2015 to 2020, and e-commerce companies in these countries would start reaping the benefits around 2022.<p>Disclaimer: This is not financial advice, just some things to think about, and a lot of this is probably wrong.