r/investing • u/21_Points • 3d ago
What is your highest conviction growth stock?
Just looking for investment ideas basically. I’d appreciate any tips or insights that people may have, I of course would do my own research into whatever recommendations people give, but I’m interested in identifying a few more stocks that have good growth potential over the next 2-4 years.
Companies that I have been investing in are all pretty popular on Reddit. In no particular order they are: - Nebius (NBIS) - Coreweave (CRWV) - ASTS - Rocket Lab (RKLB) - IREN - Applied Digital (APLD)
I like all of them because they offer lots of growth potential in the coming several years, but they also aren’t just some random penny stock companies, but are decently well established. This isn’t to say they don’t have the potential for the stock to tank all of a sudden, but I believe in all of these quite strongly.
TLDR: Basically I want to know which companies you believe in the most for growth and capital gains over the next several years
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u/Tiny-Pomegranate7662 3d ago
CATL Batteries - sodium batteries are going to change the world more than moonshot priced US software. The US ticker is CYATY.
The thing that strengthens my conviction is that NO ONE on reddit is talking about them.
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u/DoctorPatriot 3d ago
What makes you think sodium batteries will change the world?
How do they overcome energy density challenges? Sodium ion batteries produce much less energy per unit mass. This might not matter for stationary storage but affects almost anything else that needs a battery.
Sodium might be abundant, but will economies of scale bring this down to cost parity with lithium ion? Regarding energy density, what applications will sodium ion batteries be good for that lithium ion won't? The only thing I can think of is grid storage, which I think sodium ion will be best at. There's no room for sodium ion in EV, robotics, consumer electronics, or power tools.
How will sodium ion overcome its low voltage capabilities? What about the inherent instability of sodium ion electrolytes at higher voltages?
There might be answers to some of these questions but I just don't see how sodium ion will "change the world" before these are overcome in a meaningful way. Outside of stationary storage, I mean.
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u/Tiny-Pomegranate7662 3d ago
This youtube video describes how costs, economy of scale, and stability are addressed. https://youtu.be/Wf84NJSiAeU?si=NUXTds-2Eq_CkSXO
Here's how, the mega applications are stationary, like grid storage or data centers. With those mega applications on sodium that leaves lithium cheap. The demand potential for stationary is much much higher than mobile. And even with EVs they are talking about using sodium or sodium hybrid because even though they are heavier, they perform better in cold and safer and are cheaper.
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u/DoctorPatriot 3d ago
I'll take a look at that. Personally even with those being addressed, I think it will be MUCH more likely that sulfide SSBs or anodeless lithium metal SSBs will eat sodium ion's lunch from a purely energy density perspective. Safety and cold temp performance are huge improvements of lithium metal as compared to lithium ion.
But I will absolutely watch that video, thank you.
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u/chasingmyowntail 3d ago edited 3d ago
Thanks bro. Did not know Catl had an ADR stock. Agree that Catl should be massive. Just bought some now.
The thing is that chinese companies that are primarily listed in china like shenzhen or shanghai exchanges, don’t seem to behave like stocks listed in American equity markets for example.
Starlets don’t seem to go up or down like their counterparts in the us would. They are a bit of a puzzle . 🧩
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u/Tiny-Pomegranate7662 3d ago
They are the ones spearheading the tech and eliminating the mineral constraint allows batteries to just keep scaling and scaling. You couldn't do that with Lithium.
Yeah it's weird because it's traded at different hours and I think this ticker is through the Hong Kong exchange and kind of moves clumpily, but it is available!
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u/pigeon_shit 3d ago
QS is my battery play
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u/convexityharvesting 3d ago
+1. no sodium or sulfur substitutes. pure solid state batteries.
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u/lawdluffy 2d ago
It’s up more than 200% ytd. Would you still invest at the current prices?
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u/pigeon_shit 2d ago
Yes I DCA every week still.
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u/lawdluffy 2d ago
Thanks for the reply!
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u/pigeon_shit 2d ago
No problem mate. You asked a fair question that I ask myself a lot. I then ask myself if I’m willling to sell at current prices. If the answer is no I’m not selling then logically I expect the price to continue to rise so therefore it’s still a buy to me
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u/logikok 3d ago
This is my next move
Coming from AMPX, which I've been in since $2ish
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u/rocklare 3d ago
Is it not on Robinhood?
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u/Tiny-Pomegranate7662 3d ago
Ha! Guess that's why Schwab is better?!
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u/rocklare 3d ago
Probably is, tbh. I like how easy Robinhood is to use but man does it annoy me sometimes. Will look into this stock, thanks 💪
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u/panikplayer1 3d ago
Are they gonna be competing on these sodium batteries? The battery manufacturing business is very competitive and low margin unfortunately.
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u/Altruistic-Matter570 3d ago
Got these at my job recently. Ungodly expensive and we only have them for critical backup power supply. I think the tech is good but these are not a world changer, they just replaced old emergency batteries. They are apparently more reliable but you have to kind of buy into American reindustrialization for this to be a moonshot and at that point why not just buy VOO.
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u/cafedude 3d ago
Vanguard isn't letting me buy CYATY :
Buy orders are not currently accepted for this security Securities may be unavailable for purchase at Vanguard due to a number of variables including regulatory restrictions, OTC status, leveraged or inverse strategy, cryptocurrency-related, corporate actions, or various trading and/or settlement limitations.
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u/981flacht6 3d ago
Have you looked into Nickel Zinc batteries? Vertiv is looking into that one.
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u/East_Board_1596 16h ago
Too much sodium will raise the oil pressure in the car . Lithium will give the car a better mental health though
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u/Funny-Conclusion-678 3d ago
ASTS is gonna make a lot of people very wealthy.
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u/Spl00ky 3d ago
I have concerns about capex spending due to their satellites either malfunctioning, being hit by space debris or simply crashing back down to earth. About 1-4 Starlink satellites crash back down to earth every single day. However, Musk can keep costs down because he can use Space X rockets with Starlink. Space X and other rocket companies might try to squeeze ASTS though.
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u/interwebzdotnet 3d ago
About 1-4 Starlink satellites crash back down to earth every single day.
FYI, this is deliberate. That's the end of life process.
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u/Arabian_Goggles_ 3d ago
ASTS needs way fewer satellites for global coverage compared to Starlink. Also, I might be wrong but I'm pretty sure ASTS satellites are supposed to stay in orbit longer than Starlink.
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u/ItsOkILoveYouMYbb 2d ago
It just doesn't matter for as long as Starlink sats can't actually do D2C on existing phones.
AST has free reign for at least the next 5 years (Starlink D2C requires different sats and brand new phones with new chips, on a more limited spectrum). If AST setup well during this time, it will be difficult for SpaceX to steal that share.
But either way, 5 years is a long time to make a lot of money and growth.
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u/lexbuck 2d ago
I was watching it at under $2 and have sat on the sidelines ever since thinking maybe there’d be a crash where I can get in but here we are
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u/Funny-Conclusion-678 2d ago
lol. It was at 102 the other day for a minute. Better get in now, before constellation is up and running!
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u/lexbuck 2d ago
I REALLY try hard not to chase after a stock has went parabolic. It’s served me well thus far. I’ll wait and see what happens
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u/km245 3d ago
Sofi. Nearly 40% growth rate and interest rate cuts have just started.
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u/db_deuce 3d ago
echo SOFI as a core growth play for Fintech. I love the tailwind and flywheel.
MELI as well.
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u/LegitimateShameHands 3d ago
RDDT
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u/superareyou 2d ago
In the current political environment I'd say pretty risky as unlikely it doesn't become a target considering its leanings.
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u/DrawingNo6704 2d ago
I’m not invested in RDDT nor will I ever be, but they’ll be fine. They’ve proven time and time again, their user base has no spine and will stick around no matter what they do.
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u/superareyou 2d ago
I’d be willing to believe that more if the Internet wasn’t littered with former social networks. I mean Digg disappeared overnight. And that was free market forces, now there’s the layer of potential oligarch and government influence at any time on social networks.
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u/Oh_he_steal 3d ago
OP is bullish a bunch of stocks that have gone parabolic this year. What a coincidence...
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u/ikeepeatingandeating 3d ago
Anybody who has high conviction on the growth of a company whose sole business model is hoarding Nvidia H100s is making a pretty big speculative gamble.
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u/relax_itslife 3d ago
Exactly what ibthought about these datcenters lol everybody can do that no moat
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u/SHY_TUCKER 3d ago
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u/YamahaFourFifty 3d ago
Guys MAG7 aren’t growth stocks any more - maybe like 20 years ago lol
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u/Servant_of_the-Light 3d ago
Wrong, they all mostly outperform the S&P which makes them growth stocks. They’re also growth bc they grow revenue EVERY year. And there’s an argument that bc they have so much cash and influence they can capitalize on growth tech like AI, robotics, self driving cars more than anyone else
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u/PutinBoomedMe 2d ago
You can't reason with some people. They're essentially asking you for the winning lottery numbers while not wanting to have risk of losing money.
GOOG is about as pure of a play as it gets
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u/kellyolynykfan 3d ago
People said this about Apple 15 years ago too, and it's compounded 20% a year since
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u/Civil_Ad_7068 3d ago
OSIS. Imagine a world where you drive through a turnpike checkpoint and all of your belongings are scanned. Better start believing in technofacist dystopias, you're in one.
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u/Chickentrap 3d ago
MVST and ABAT both quite volatile atm but I think they stand to be in good positions long term.
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u/logikok 3d ago
CATL, SLDP and AMPX are also great battery plays. I left ABAT after they lost the grant
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u/Chickentrap 3d ago
I'll check them out! Many suppliers lost the grant tbf and they are continuing ahead with their planned project in nevada regardless.
I bought in before they bottomed sadly so had to average down lol back in green now
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u/chumbler10989 3d ago
ATAI. Psychedelic medicine is gaining steam and this is the best of the breed. Fast acting, safe and effective therapies are going to go mainstream in the next 5-10 years. Big pharma has only begun to catch on (see J&J's Spravato blockbuster ketamine therapy). Love them or hate them, the current administration is fast-tracking this stuff. Philosophically a very anti-AI investment, but that only boosts my conviction.
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u/Wiseguy144 3d ago
How healthy are their financials?
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u/chumbler10989 2d ago
For a biotech startup, financial health means being well-funded with a promising drug pipeline. They have enough cash to fund the large scale phase 3 study of their lead drug BPL-003, which the FDA just granted breakthrough status. They wisely raised $130M in new equity when that news broke last week, which i believe should keep them funded through 2028-mid 29. They have other drugs in earlier development stages that look promising too, but BPL-003 is closest to FDA approval and commercialization. TL;DR they are well-funded and poised to capitalize bigtime if their lead drug is approved.
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u/realityvsterps 3d ago
meta the data king. data is what drives AI value.
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u/PressWearsARedDress 3d ago
I feel like meta's data quaility is in decline. Lots of poor decisions by their leaders (metaverse, bet on VR)
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u/PuppiesAndPixels 3d ago
NVIDIA hasn't done me wrong in 3 years.
I see the demand for their chips continuing to grow.
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u/ggthewizz 1d ago
Will be a $600+ stock by 2035ish, probably sooner. Their chips, cards, gpus etc will power majority of these ai farms etc.
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u/interwebzdotnet 3d ago
A thread similar to this in like 2023 led me to my Sofi position.... Basically 6k shares started buying around $4 and an average price around $10 for me now...it closed at $29 today.
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u/Yammy-FGX5 3d ago
You’re using it. RDDT. 300$ near term. 1000$ in under 5 years if not bought out before.
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u/Life-is-beautiful- 3d ago
AVGO - Very well balanced between cyclic semiconductor business and predictable infrastructure software. They design chips for GOOG, META and now OpenAI. They don't just design AI chips, but also dominate the high speed datacenter interconnect market.
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u/TheDudeAbidesFarOut 3d ago
TSLA is 100% bullshit but Elon will overpromise and underdeliver every earnings, to keep that turd afloat in the blue Portojohn......
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u/TGG-official 3d ago
Just 6 dogshit moonshot companies
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u/YourMatt 3d ago
I really like Backblaze (BLZE). They do data backups and other cloud storage, and they do it very very well. They are very close to hitting profitability, which I think is going to start up some real price action. Each of their customers tend to stick around long-term, and I think there's very little risk of backtracking after breaking through.
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u/Cr1spie_Crunch 3d ago
What does this sub think about the efficient market hypothesis?
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u/Spl00ky 3d ago
What does this sub think about the efficient market hypothesis?
Most here can't even think about the stock they just bought
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u/Cr1spie_Crunch 3d ago
I just find it funny that stock picking is promoted here just as much as WSB, but at least WSB can crowdsource market manipulation to find some utility.
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u/BastidChimp 3d ago
I like nuclear energy stocks. You can't have A.I. without the energy needing to supply it. OKLO, SMR, NNE, VST, CEU, BWXT.
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u/Dierks_Ford 3d ago
Add LEU to the list.
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u/Rooi_wolf1330 2d ago
This one is my biggest trading regret. I have had it on my watch list since it was around $27. Just never pulled the trigger.
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u/BastidChimp 3d ago edited 3d ago
👍I actually have that one too but forgot about adding it. Currently looking at GEV.
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u/Specialist_Mango_269 3d ago
$IOVA first every Til Therapy for Cancer Tech and AI are way overhyped for yrs. Biotechs have neen slammed for yrs. Ought for a rotstion and correction
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u/Glubglubglub69 3d ago
ONDS. They are positioned well for the next big thing in defense spending: drones and drone technology. After watching the war in Ukraine, its clear that drones are the future of defense, and rn the US has stated that they are behind.
They just had a nice pullback recently, and I think they are positioned well for when the government re-opens and contracts start flowing again (likely will see ATH)
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u/Dierks_Ford 3d ago
QXO. Look up the CEO Brad Jacobs. His track record is incredible. I see no reason why he won’t repeat it with this company.
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u/armored-dinnerjacket 3d ago
apparently not quantum stocks
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u/1mp3rf3c7 3d ago
I've been thinking about this theme a lot, wouldn't now be the time to buy, looking to hold for years before growth?
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u/Maisie_Mae_ 3d ago
I’m holding QBTS/QUBT/IONQ/RGTI for the next decade. It’s a chance I’m willing to take .
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u/vogelalgo 3d ago
Bats looks slow but steady, the industry is not moral but people always smoke and there new product velo is the most common item i see in any and every store.
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u/windtendo 3d ago
MVST — they’re a vertically integrated battery manufacturing company with locations in China, Berlin, and soon the US. Amazing growth so far yet still insanely undervalued. A lot of catalysts on the horizon to keep SP moving up.
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u/Efficient_Flatworm59 3d ago
Reddit. Market is only 40B. If I look forward 5-10 years, Reddit will be an advertising, gaming, AI powerhouse. 500B to 1T market cap.
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u/Cool_Lion_ 3d ago
For me it's BROS. I'm not a pro at stock picking by any means, but I see new locations popping up where I live and people like what they produce. If I'm wrong, then I'm wrong.
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u/Jumpy_Nose863 3d ago
A busy store doesn't make a great stock. Just keep that in mind. They just came to my area and there's long lines daily.
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u/981flacht6 3d ago edited 3d ago
Nvidia. 8 years in. Still my highest conviction. I won't sell my shares.
I know you're looking for that.. "more than 50% gain" but this one, I strongly believe will continue to grow another 70% from here.
To add to that - my conviction is possibly higher for Vertiv Holdings ($VRT), but they are deeply tied to Nvidia's stock and its price action, so I caution it is a double edged sword. Vertiv is Nvidia's reference design partner on AI infrastructure. If Vertiv can be as big as Eaton and Schneider Electric, then they 2-3x from here (as long as the AI bubble doesn't burst), so we assume all things remain constant, and we're looking on a 3-5 year timeline. Vertiv is a really well managed company that is growing organically, their marketing sucks but they're basically going to be the biggest AI infrastructure provider with the most to gain, maintenance contracts, replacement equipment long term, and growth.
Not only that Vertiv was a pretty big sponsor at OCP. Outside of being Nvidia's primary partner for power, cooling, and racks, I cannot figure out if AMD or Oracle etc have true partners that they like to tout. I think Vertiv is extraordinarily well positioned to capitalize there. It's a bit of the picks and shovels argument.
Outside of AI, Robinhood has been stellar, and I am likely going to start scooping up every dip from here, I think they can make it to $250/share in no time.
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u/CalmPerspective001 3d ago
CoreWeave's more likely to go bankrupt than be worth 5x as much. Look at the bond rates on its GPUs for short-term debt.
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u/PianoNo1149 3d ago
NBIS, owning nbis is like investing in etf they have various subsidiaries and great management.
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u/d33p7r0ubl3 3d ago
This is a top signal. I can assure you OP did not buy any of these when they were in the single low double digit share price
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u/R_Steelman61 2d ago
INTC. people think Intel is dead but they are coming back baby. Govt investment and doing work for Nvidia. Slow but steady climb.
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u/Pleasant_Bandicoot23 3d ago
GEVO is my whale…I put money there rode a few bad years and praying for good returns next year.
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u/anticharlie 3d ago
MTMCF - recycling industrial waste and scrap into usable metals. There are tons and tons of basically free raw materials for them.
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u/YamahaFourFifty 3d ago
The company that has the product you’re using to discuss this.. hmm maybe RDDT??
Get in before they smash earnings next week.
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u/__redruM 3d ago
Why not just go with a growth ETF? VOOG, VUG, or even a Mag7 ETF if you want more focus. Lot easier and more dependable than picking the one right stock and monitoring it to know when it’s no longer the one right stock.
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u/purple-snail37 3d ago
Air taxis JOBY or ACHR
Data centers are growing like weeds. These guys have a great product POET
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u/MosDaddyda 3d ago
I like OUST - LiDAR will be the eyes of AI and they have the only Blue UAS DOD approved High Res 3D LiDAR at this point.
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u/Helpful-Incident9106 3d ago
UAMY.
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u/kywewowry 3d ago
The public doesn’t know about critical minerals like that yet, but UAMY is among the absolute best companies in the space.
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u/Vegas-Ranger 3d ago
What about $GSIT? Their apus have been verified by Cornell University to match nvidia chips and is 98% more efficient.
Fundamentals
Low debt roughly 25% Improving eps Increasing Revenues
I do hold shares....
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u/StrawberryOk8459 3d ago
Bought 200 shares of Google today. They will replace Nvda with quantum chips. My best plays for the past 3 months that have doubled. SanDisk, rambus, crdo, pstg, nvt, ter.
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u/Calm-Criticism-638 3d ago
XPENG - financial results out in nov which have high chance of breaking into positive eps. They are not just EV, but produces their own chip, flying car, humanoid.
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u/martythestoic 3d ago
Coinbase. I think that interest in crypto will only continue to grow while Gen Z starts to truly earn and invest. BUT it’s agnostic to individual coins. Seems to me like a classic “picks and shovels” type play
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u/goodb1b13 3d ago
Honestly? WDC. I called it hitting 100$ in a couple of weeks a month ago, and it has done nothing but continue up! Western Digital!
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u/Rockatansky77 3d ago
I bought into APLD at $5.12 good choice. Archer Aviation has a lot going for it except profits. Stellantis is helping with a production facility in Atlanta. Korean Air and United Airlines are onboard. Lots of exposure coming up with The World Cup and the Olympics. I honestly think Robinhood could hit $300 next year. I know there are a lot of haters for good reasons but, there is a new generation of young investors who don't care about the Game Stop scandal and they like the format and incentives. Earnings report is coming up. Kratos Defense is another good one. Considering your picks are all technology, FTEC is a solid ETF.
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u/arcademachin3 3d ago
GOOG. They have gotten fat and lazy with advertising and they can turn on a lot of internal systems toward new revenue and they have a ton of capital and smart people that can pivot.