Growth Stocks To Double Money

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Growth Stocks To Double Money

Two Growth Stocks That Can Double Your Money

Some will say that it's not the right time to buy the growth stocks. After all, the S&P 500 is still trading at 30x of its earnings while the tariff threats still loom at large.

However, D-Wave Quantum and Joby Aviation are two growth stocks that still have untapped potential. In fact, there's a good chance that these 2 stocks could double your money:

D-Wave Quantum

The first name is D-Wave Quantum, which is involved in making quantum annealing tools. In simple words, they help corporations with their supply chain, workflows, and logistics network.

The firm has built its own quantum-based computer system to offer all of the services. In addition, D-Wave Quantum also offers its tools via a cloud-based subscription model.

Quantum-based computing is the new era of computers, which stores data in qubits instead of zeros and ones. In theory, a quantum computer is faster and more efficient than traditional computers.

So in a sense, the D-Wave Quantum stock allows you to invest in the next age of computing while it is still in its early stages.

Joby Aviation

The next stock is Joby Aviation, which makes eVTOL aircraft. The company has gained fame for making electric aircraft that are capable of vertical landing and takeoff.

The Joby Aviation company has also managed to secure investments from Toyota Motor and Delta Air Lines. The flagship car of Joby Aviation is S4, which can carry 4 passengers and a single pilot. But the best thing is that the aircraft can easily travel up to 150 miles.

The range of the S4 from Joby Aviation is more than that of other similar aircraft in the market. In addition, the FAA is also expected to approve the US commercial flights for Joby Aviation's aircraft.

The Joby Aviation company only had a revenue of $130K during the year 2024. However, experts believe that it will go up to $130 million by the year 2027.

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