It's easy to find stocks that will bring a positive return after a holding period of a few years. However, it's tough to find stocks that can give as high as 400% return in the next few years!
With that in mind, we have found two US stocks that have the potential to give 400% return by the year 2030. So, if $1K is invested into these 2 stocks, it could grow by $5000 in the next 5-6 years.
Amazon (AMZN) is the star of the tech sector that's leading the e-commerce space. Available data shows that Amazon (AMZN) controls 40% of the market in North America.
In fact, Amazon (AMZN) is also doing really good in the overseas market with 12% growth during the Q3. Also, Amazon (AMZN) is expected to experience more growth in its cloud computing business.
According to Mordor Intelligence, the cloud computing market will increase 16% annually through 2030.
The last 4 years were kinda difficult for the Iovance Biotherapeutics (IOVA) stock. But, it was the talk of the town during 2019-2020 as it even peaked near $54.21.
However, the Iovance Biotherapeutics (IOVA) stock hit $3.21 (low) in 2023, which shows a major decline. For now, the Iovance Biotherapeutics (IOVA) stock is hovering near $6.00.
However, such heavy selling also means the investors can now grab the Iovance Biotherapeutics (IOVA) stock at a bargain.
In fact, the Iovance Biotherapeutics (IOVA) shows untapped growth potential ahead in the coming years. Research shows lymphocyte drug market will grow 40% annually till 2032.
While many would see the Iovance Biotherapeutics (IOVA) as a legend of the past, it also shows an opportunity. So, those who want exposure in the healthcare or medical sector can consider the Iovance Biotherapeutics (IOVA) stock.
Even if the Iovance Biotherapeutics (IOVA) stock moves to $12.00, it would be a gain of almost 100%! Considering the Iovance Biotherapeutics (IOVA) had made a high of $54.21, it can most certainly do it again.