5 Unstoppable Growth Stocks to Invest $ 25,000 Now | Personal finance


Image source: Getty Images.

4. Atlassian

Atlassian (NASDAQ: TEAM) specializes in collaboration and productivity software and recently has over 200,000 customers. The company’s fourth-quarter letter to shareholders boasted, “We generated $ 560 million in revenue, up 30% year-over-year, and registered subscription revenue growth of 50% in. year-over-year. We have added over 23,000 new net customers and the pace of cloud migrations continues to accelerate, more than 2 times year over year. “

Atlassian shares have been trading on the public market since late 2015, and since then they have jumped over 1,700%, enough to turn a $ 10,000 investment into over $ 180,000. (That’s an average annual growth rate of almost 65%.) As the company grows through new product development and acquisitions, its future looks bright.

5. Shopify

Shopify (NASDAQ: SHOP) It might not be a household name, but it is well known in the business world, having recently achieved a market value of almost $ 170 billion by offering a popular ecommerce platform. In the second quarter, the company reported 57% year-over-year revenue growth, as revenue from its subscription solutions jumped 70%, largely on the back of new customers. The company’s monthly recurring revenue (investors love to see recurring revenue because it’s usually predictable) increased by 67%.

Source link

Leave A Reply

Your email address will not be published.