Six Stocks That Could Reasonably 10x

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Enovix has a market cap of 1.7 billion and they've designed a new type of high-capacity lithium battery. Revenue is tiny at the moment but if companies like Samsung start using this battery then the stock could go a lot higher. And Marc Cohodes is bullish on this as well.

Tom A recommended Kooth plc which trades on the London market. Kooth has developed a digital platform that tackles mental health. The company sells the platform to governments and private institutions and recently won a contract in California.

This company has a market cap of only 83 million with roughly 19 million of recurring annual revenue so there’s huge potential for upside, and it’s tackling an important problem as well.

AC Sterling highlighted Duolingo which trades on the Nasdaq and has a market cap around 5 billion. Although the company is expensive at 13 times revenue, the business is growing at over 40% a year and it’s not facing an awful lot of competition.

I did another video on Duolingo a few days ago so make sure to check that out for more details on the stock..

Chris deMuth volunteered Nam Tai Property Inc, ticker symbol NTPIF. This is an obscure hong kong real estate company that is involved in a complex legal battle. So this is a real high risk trade, it could go to zero but if it wins its case Chris thinks it could also be a 10x.

Vince Martin called out Vintage Wine Estates which trades on the Nasdaq. This company owns a large number of wine brands and vineyards but the business has been crushed by declining margins and it’s got a large amount of debt. However, the company doesn’t need to pay off its debt until 2027. So the big thing here is that the company has plenty of time to turnaround and if it does, the stock is bound to go a lot higher.

Finally, Poster recommended a company called Pagaya Technologies.which is a fintech company based out of Israel. Pagaya uses AI to price consumer loans and it did almost 700 million of revenue last year. There are a host of red flags with this company but the stock has got so cheap and there’s 300 million of cash on the balance sheet. A 10x move would get the company only back to its merger price so there’s definitely a path there to real upside.

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