When looking at stocks to invest in over the coming decade, investors have many excellent options available to them. Investors should prioritize those that have demonstrated strong growth and profitability as well as being strategically placed to capitalize on changing economic and industry trends. Furthermore, investors should evaluate whether each company has proven themselves by consistently producing positive cash flow or return on investment.
Stocks To Buy For The Next Decade
1) Rocket Lab
Rocket Lab, founded by Peter Beck and Mark Yorke in 2006 with the mission of revolutionizing satellite launch industry, received approval to launch their inaugural satellite Satelite de Observacion de Ionosferas (Sorato), in early 2017; by 2017’s end they completed their inaugural orbital launch using Electron vehicle.
2) AST SpaceMobile
AST SpaceMobile, founded in 2011, is an American satellite communications and internet services provider with more than 30 satellites in orbit and operating under geostationary orbit and Ka-band frequencies. As its core business, AST provides capacity to mobile operators to enable voice, data, and internet services throughout North America, Europe, and Asia Pacific regions. In addition, the company offers various satellite products and services.
3) Planet Labs
Planet Labs, founded in 2009, specializes in satellite imagery and data services for governments, enterprises and research institutions worldwide. Their fleet of over 90 satellites orbiting Earth provide high-resolution imagery with resolution of 50cm. Those satellites orbit at 500-550km above Earth so can capture imagery from almost anywhere around our globe.
4) JFrog
JFrog, founded in 2006 and headquartered in Santa Clara, California is an American provider of enterprise IT products and software. Operating since 2006, they offer applications for business process management, data analytics and software development in addition to data integration, smart search technologies and artificial intelligence-related features that provide AI functionality. JFrog also offers cloud computing services.
5) HashiCorp
HashiCorp, founded in 2011 by Eugene Hashi and located in San Francisco, California is an American cybersecurity firm offering cloud infrastructure security, application security, infrastructure security and compliance solutions to IT organizations. Their solutions use public cloud infrastructure with distributed architecture as foundational features.
6) Sumo Logic
Sumo Logic, established in 2012, provides cloud-based machine learning and business analytics solutions. Headquartered in Westborough, Massachusetts, Sumo Logic offers services to cloud computing markets like cloud environments, data storage, analytics, real-time optimization for web and mobile app developers, digital media companies, financial services organizations among many others.
7) UiPath
UiPath, an American company, offers solutions for the industrial automation market. MarketsandMarkets reports that automation spending will reach $8.5 trillion by 2025 based on research. UiPath assists companies from manufacturing, IT services, energy and healthcare industries automate their processes using robots, machine vision, virtual and augmented reality as well as industrial internet of things solutions for supply chains and logistics operations.
8) Beam Therapeutics
Beam Therapeutics, located in San Diego, California is an American pharmaceutical company dedicated to treating rare diseases. Established in 2015 by Kymriah, Cimpress and Oncothyreon’s founders as an initial focus area is intracellular receptor development for treating hemoglobinopathies.
9) Prime Medicine
Prime Medicine, located in Santa Ana, California is an American pharmaceutical company specializing in non-invasive, minimally invasive, and surgical devices for treating cardiovascular and orthopedic diseases. Established in 2001 by investors, the company now has operations across six states with more than 80 employees working for it.
10) AbCellera Biologics
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AbCellera Biologics is a California-based medical technology company specializing in biologics products and solutions. Established in 2007, AbCellera Biologics has raised more than $13 million in financing to date. Their products have proven useful in treating organ transplant recipients, cancer patients and those on dialysis; with operations located throughout Northern California, Arizona and Colorado.
