Hey there, folks! Have you heard about SoFi Technologies, Inc. (NASDAQ:SOFI)? This stock has been on fire lately, gaining a whopping 24% in the last three months. And get this, their revenue has grown by a staggering 55% in the last year! That’s amazing, right? Sure, the share price dropped 29%, but that seems harsh given their revenue growth. If this company can move towards profitability, we could be looking at some serious opportunities here. And let’s talk about Palantir Technologies (PLTR 1.38%) – this company is attracting more and more interest for its analytical capabilities, especially with AI and machine learning. In fact, CEO Alex Karp even credited AI for boosting interest in Palantir. And with its financials, AI appears to have helped Palantir achieve its investor objectives. Their revenue rose 23% to $1.9 billion in 2022, and they even achieved profitability in the fourth quarter with a net income of $33 million. That’s impressive! Now, let’s move on to Chinese EV company Nio (NYSE:NIO). Despite facing some operational hurdles, Nio is expanding its product lineup and aiming to double its sales in 2023. And with their numbers, it’s no wonder investors are wondering if NIO stock is a good investment. Their earnings per share are projected to expand by 27.95% each year for the next five years, and their revenue has risen by 92.25% in the past year. NIO has shown incredible growth in the past five years, and with the popularity of EVs, this company is looking very promising for investors. So, there you have it, folks – three stocks with amazing potential for growth. If you’re looking to invest, SoFi Technologies, Palantir Technologies, and Nio are all great choices. Don’t wait too long, though – getting in early can reap the greatest rewards!
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Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice or financial advice and it should not be taken as investment advice or financial advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment and or educational purposes only.
SOURCES:
https://www.fool.com/investing/2023/04/07/if-ai-thrives-palantir-stock-will-too/
https://investorplace.com/2023/04/why-nio-stock-is-a-risky-but-rewarding-bet-on-chinas-ev-market/
https://finance.yahoo.com/news/wall-street-analysts-see-nio-133001270.html
