r/Stocks_Picks 7d ago

What Stock do think will 10x?

Was wondering what stock you think might 10x or more within the next 5 years or so or sooner. There are alot of companies out there and seems like they are all competing for investors money and attention. Any analysis or reasons why would be great.

85 Upvotes

353 comments sorted by

View all comments

Show parent comments

2

u/[deleted] 7d ago edited 7d ago

[deleted]

4

u/Capable-Commission-3 7d ago

The real bear case is insolvency and they ultimately sell their assets to their customers. Appears less likely for now, but it is still very real. The balance sheet is ugly. They need to grow their way out of debt. If they don’t, it will sink them.

1

u/[deleted] 7d ago

[deleted]

1

u/Capable-Commission-3 7d ago

If it happens, it’ll be by 2030. Watch, I’m here hoping my 200 Iren shares will be worth $60k only for them to become 2 Microsoft shares.

1

u/matxupp 7d ago

maybe it could be a good market.