He has gone through the companies in both the FTSE 100 and 250. He has examined their sales performance, growth forecasts, etc.
After examining all these companies, he can report the top 5 High Growth Potential Stocks that are likely to perform very well over the next four years.
He has now produced a report that discloses all these top 5 stocks you should invest in. The names of the companies, their current share price, and their profit forecasts are listed.
- Apple Inc. (NASDAQ: AAPL)
Current share price: $178.83
Profit Forecast for 2022: +22%
Apple Inc. is an American multinational corporation that designs, develops, and sells consumer electronics, computer software, and online services. It was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell personal computers.
The company also manufactures its brand of products such as Apple TV, iPad, iPhone, iPod Touch, etc. The company was initially incorporated as Apple Computer Company on January 3rd of 1976, with the headquarters located at 1 Infinite Loop in Cupertino, California.
Steve Jobs has been one of the two CEOs of Apple since his return to the company in 1997 until his death. Tim Cook has been the CEO since Jobs’ death on October 5th, 2011.
Apple has since grown from a company with a market value of $2 billion to become the most valuable publicly traded company globally. It has also been ranked as one of the world’s most valuable brands.
Apple has continued to lead innovation in consumer electronics through its development of new products such as the Mac, iPod, iPhone, and iPad. The company’s stock has enjoyed a return of over 1,000% since its IPO in 1980.
- Tesla Inc (NASDAQ: TSLA)
Current share price: $1114.40
Profit Forecast for 2022: +26%
Tesla, Inc. is an American automotive and energy company located in Palo Alto, California. Some people have incorporated the company, including Elon Musk, who serves as the current CEO and product architect.
In addition, he also holds the role of chairman, co-chairman, and principal executive officer. Tesla’s name came from inventor Nikola Tesla whose electric car was earlier named after him.
Tesla’s main aim is to produce and market electric vehicles while using sustainable energy. It also aims at solar panel manufacturing and an energy storage business.
The company was founded in 2003 by Martin Eberhard, who is currently the Chief Technical Officer, Elon Musk, JB Straubel, Nick Sbarge, Kimbal Musk, etc. The company was initially funded in a round led by Elon Musk, who contributed $70 million.
In the year 2010, Tesla became a publicly traded company. Its initial public offering was $17 per share, which gave it a market value of over $2 billion. In June 2013, Tesla’s stock price surged to almost $150 after its initial success.
In March 2016, the company announced that it was planning an IPO to raise around $830 million at a valuation of more than $10 billion. The car manufacturer also released a limited number of shares for an event that was fully subscribed after one hour.
- Netflix Inc (NASDAQ: NFLX)
Current share price: $611.82
Profit Forecast for 2022: +52%
Netflix, Inc is an American multinational entertainment company headquartered in Los Gatos, California. It is the world’s leading internet entertainment service, with over 100 million members in over 190 countries enjoying more than 125 million hours of TV shows and movies per day.
The company was founded as a DVD rental business in 1997 by Marc Randolph and Reed Hastings. In 2007, it transformed itself into an online streaming media and video-on-demand service with over 100 million subscribers.
Netflix started its subscription services with flat rate prices of $4.99 per month for unlimited DVDs and $7.99 per month for unlimited online streaming.
Netflix’s stock has increased rapidly since the company went public on May 23rd, 2002, at $15 per share with a market value of over $3 billion.
Netflix’s current CEO and co-founder is Reed Hastings, who has been in charge since 2007. Chad Hurley, Steve Chen, Jeremy Stoppelman, and Russel Simons were among the first team of employees at the company.
The leading competitors of Netflix are Amazon, Hulu, and HBO.
- Facebook Inc (NASDAQ: FB)
Current share price: $346.25
Profit Forecast for 2022: +60%
Facebook is an American-based technology company with its headquarters located in Menlo Park, California. Its main aim is to deliver different software platforms for online social interaction and personal communication on mobile devices.
Mark Zuckerberg founded the company in February 2004 with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.
Facebook has its initial public offering on May 17th, 2012. This gave it a market value of over $104 billion, making Mark Zuckerberg one of the world’s youngest billionaires.
In February 2015, Facebook became the fastest company in the Standard and Poor’s 500 Index to reach $250 billion. Its main competitors are Twitter and Google and internet and mobile companies like Amazon, Apple, and Microsoft.
The current CEO and co-founder of Facebook are Mark Zuckerberg, who took over the position from founder Chris Hughes in June 2008.
- Amazon.com Inc (NASDAQ: AMZN)
Current share price: $3405.36
Profit Forecast for 2022: +45%
Amazon.com, Inc is an American-based multinational technology company located in Seattle, Washington. It is primarily involved in e-commerce and cloud computing services and consumer electronics and digital content such as kindle books etc.
Jeff Bezos founded the company on July 5th, 1994, and initially started as an online bookstore. On May 15th, 1997, it went public with a market capitalization of $438 million.
Amazon’s stock price has increased rapidly since its initial public offering. In January 2010, it changed its name from Amazon.com to simply Amazon when it held around 30% of the entire e-commerce business in the U.S.
In September of 2018, Amazon became worth more than $1 trillion and was the second company after Apple to achieve this feat. Its current CEO and founder are Jeff Bezos, who has been in charge since the company started back in 1994.
Keeping up with the current trends is key to maintaining business growth. All the five companies mentioned above are based on internet technology, and they offer services that make entertainment and communication possible online.
Netflix, Facebook, and Amazon were also listed as the top 5 most valuable brands in 2021, while Microsoft was ranked number one. There’s no doubt about it; the future of the digital economy is bright.
People are increasingly shifting online to buy products, watch movies and listen to music, so these companies have immense scope for growth in the years ahead. Moreover, internet usage will continue to increase rapidly in the future with expanding access across different global regions.
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.