CryptoCurrency
3 Breakout Growth Stocks You Can Buy and Hold for the Next Decade
Many skyrocketing growth stocks turn out to be short-lived shooting stars. But what if I told you that some stocks can offer all the thrills of growth investing with limited investing risks along the way? I’m talking about innovators targeting very large end markets, armed with robust cash profits and solid balance sheets.
On that note, here are three tremendous growth stocks that should have staying power for a decade or more. They should serve your portfolio well for a long time, helping you build long-lasting wealth.
Let’s start with Fiverr International (NYSE: FVRR).
Often dismissed as a coronavirus lockdown beneficiary with questionable business prospects in a normal economy, Fiverr keeps proving the doubters wrong. The operator of a marketplace for freelance services has more than tripled its sales in five years, including a 14% increase in the last two years.
The company’s mission is to “change how the world works together.” That ambitious goal involves revamping how people think about the concepts of work and careers. Management sees an addressable market of creative, professional, and technical freelance services worth $247 billion in the U.S. alone. The total addressable market is growing as businesses are embracing contractors and freelancers. And it’s a big world beyond American borders, giving Fiverr an even larger long-term target. Most freelancing is still managed offline, stretching Fiverr’s business runway even further.
So Fiverr has big dreams, suggesting a growth story for the ages. It is also quite profitable, converting 22% of its second-quarter revenue into free cash flow.
I told you about Fiverr’s skeptical market makers earlier. The stock price has plunged 88% lower in three years and shares are available at the rock-bottom valuation of 9 times forward earnings estimates. This is one of my favorite stocks to buy today, and I expect it to soar in the next decade.
Next, let me introduce you to The Trade Desk (NASDAQ: TTD).
This company helps advertisers publish effective digital ad campaigns. If Fiverr connects the right freelancer to the right gig, The Trade Desk connects the right advertising space to the right marketing message.
It is also an innovator, devising new technologies to get around ad-tracking limitations. Its Unified ID 2.0 platform is a privacy-focused replacement for the tracking cookies that have powered this industry for decades. Other companies are free to use this open standard, but The Trade Desk largely designed it.
Bitcoin price rallies within $200 of a new all-time high as several fundamentals point to the crypto bull marking picking up pace.
A former IRS special agent and Binance’s head of financial crime compliance, Tigran Gambaryan had been in Nigerian custody with reports of deteriorating health since February.
UK based foreign exchange brand Travelex has announced that the company has undertaken a major expansion in the UAE, with the launch of 13 new stores across Abu Dhabi and Dubai airports.
At Zayed International Airport, Travelex is doubling its store footprint from seven to 14 stores, including six new on-the-move kiosk (OTM) locations at arrivals baggage, airside departures and pre-immigration, and one new traditional landside store. The new landside store will offer both a cash management service that will enable the airport’s businesses to process cash, as well as traditional consumer cash services, including access to 62 currencies.
Travelex initially entered Zayed International Airport in late 2023 with seven stores and eight ATMs. The new stores reflect the growing passenger demand and customer requirements of the UAE’s newest airport. As a dominant force in the capital’s aviation sector, Zayed International Airport rapidly affirmed itself as a key hub for air travel, solidifying its position as a vital player in the global travel landscape.
At Dubai International (DXB), Travelex is in the process of launching six new stores across all three terminals, including new traditional stores and stores upgraded from OTMS. Two ATMS dispensing AED were also installed at Terminal 3 Arrivals earlier this year. DXB has also seen a considerable post-pandemic growth in pax numbers, reinforcing its status as a leading hub for international travel.
The 13 new stores across Abu Dhabi and Dubai means Travelex will be operating 60 locations across the country. The latest IATA figures show that Middle Eastern airlines saw a 9.6% year-on-year increase in demand for June 2024, while capacity increased 9.4% year-on-year.
Batu Dölay, Managing Director, Travelex Middle East and Türkiye said:
“We’re delighted to be expanding our presence at two of the most exciting and dynamic airports in the world. This investment reflects the growing global reach and passenger numbers of our UAE airport partners, and our commitment to providing even greater access to international travel money than ever before.”
About Travelex
Founded in 1976 Travelex has grown to become one of the market leading specialist providers of foreign exchange products, solutions, and services, operating across the entire value chain of the foreign exchange industry in more than 20 countries. We have developed a growing network of ATMs and stores in some of the world’s top international airports, major transport hubs, premium shopping malls and city centres.
Travelex has built a growing online and mobile foreign exchange platform, and we also process and deliver foreign currency orders for major banks, travel agencies, supermarkets and hotels worldwide. In addition, we source and distribute sizeable quantities of foreign currency banknotes for customers on a wholesale basis – including central banks and international financial institutions. We also offer a range of remittance and international money transfer products around the world.
Solana price hits $180 as Bitcoin storms toward a new all-time high. Data suggests SOL can go higher.
Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said.
Having contributed roughly $12 million to PACs supporting Kamala Harris, Chris Larsen said he hoped to see “bipartisan support and weight” for crypto in government starting in 2025.
-
Science & Environment1 month agoHow to unsnarl a tangle of threads, according to physics
-
Technology1 month agoIs sharing your smartphone PIN part of a healthy relationship?
-
Science & Environment1 month agoHyperelastic gel is one of the stretchiest materials known to science
-
Science & Environment1 month ago‘Running of the bulls’ festival crowds move like charged particles
-
Technology1 month agoWould-be reality TV contestants ‘not looking real’
-
Science & Environment1 month agoMaxwell’s demon charges quantum batteries inside of a quantum computer
-
Science & Environment1 month agoX-rays reveal half-billion-year-old insect ancestor
-
Science & Environment1 month agoSunlight-trapping device can generate temperatures over 1000°C
-
Technology1 month agoUkraine is using AI to manage the removal of Russian landmines
-
Sport4 weeks agoBoxing: World champion Nick Ball set for Liverpool homecoming against Ronny Rios
-
Science & Environment1 month agoLiquid crystals could improve quantum communication devices
-
Technology1 month agoRussia is building ground-based kamikaze robots out of old hoverboards
-
Technology4 weeks agoGmail gets redesigned summary cards with more data & features
-
Football4 weeks agoRangers & Celtic ready for first SWPL derby showdown
-
Science & Environment1 month agoLaser helps turn an electron into a coil of mass and charge
-
Science & Environment1 month agoPhysicists have worked out how to melt any material
-
Science & Environment1 month agoQuantum ‘supersolid’ matter stirred using magnets
-
Technology4 weeks agoSamsung Passkeys will work with Samsung’s smart home devices
-
TV4 weeks agoসারাদেশে দিনব্যাপী বৃষ্টির পূর্বাভাস; সমুদ্রবন্দরে ৩ নম্বর সংকেত | Weather Today | Jamuna TV
-
MMA4 weeks agoDana White’s Contender Series 74 recap, analysis, winner grades
-
Sport4 weeks agoAaron Ramsdale: Southampton goalkeeper left Arsenal for more game time
-
Science & Environment1 month agoA new kind of experiment at the Large Hadron Collider could unravel quantum reality
-
MMA3 weeks ago‘Uncrowned queen’ Kayla Harrison tastes blood, wants UFC title run
-
News4 weeks ago‘Blacks for Trump’ and Pennsylvania progressives play for undecided voters
-
Technology4 weeks agoEpic Games CEO Tim Sweeney renews blast at ‘gatekeeper’ platform owners
-
News4 weeks agoMassive blasts in Beirut after renewed Israeli air strikes
-
Technology1 month agoWhy Machines Learn: A clever primer makes sense of what makes AI possible
-
News4 weeks agoWoman who died of cancer ‘was misdiagnosed on phone call with GP’
-
News4 weeks ago▶ Hamas Spent $1B on Tunnels Instead of Investing in a Future for Gaza’s People
-
MMA4 weeks agoPereira vs. Rountree prediction: Champ chases legend status
-
News4 weeks agoNavigating the News Void: Opportunities for Revitalization
-
Science & Environment1 month agoWhy this is a golden age for life to thrive across the universe
-
News1 month agoRwanda restricts funeral sizes following outbreak
-
Technology4 weeks agoMusk faces SEC questions over X takeover
-
Technology4 weeks agoMicrosoft just dropped Drasi, and it could change how we handle big data
-
Football4 weeks agoWhy does Prince William support Aston Villa?
-
Business4 weeks agoWhen to tip and when not to tip
-
Technology1 month agoMicrophone made of atom-thick graphene could be used in smartphones
-
Money4 weeks agoWetherspoons issues update on closures – see the full list of five still at risk and 26 gone for good
-
Sport4 weeks agoWales fall to second loss of WXV against Italy
-
Womens Workouts1 month ago3 Day Full Body Women’s Dumbbell Only Workout
-
Science & Environment1 month agoITER: Is the world’s biggest fusion experiment dead after new delay to 2035?
-
Science & Environment1 month agoA slight curve helps rocks make the biggest splash
-
Business4 weeks ago
DoJ accuses Donald Trump of ‘private criminal effort’ to overturn 2020 election
-
Technology4 weeks agoCheck, Remote, and Gusto discuss the future of work at Disrupt 2024
-
News4 weeks agoCornell is about to deport a student over Palestine activism
-
Sport4 weeks agoChina Open: Carlos Alcaraz recovers to beat Jannik Sinner in dramatic final
-
MMA4 weeks agoKayla Harrison gets involved in nasty war of words with Julianna Pena and Ketlen Vieira
-
MMA4 weeks ago‘I was fighting on automatic pilot’ at UFC 306
-
MMA4 weeks ago‘Dirt decision’: Conor McGregor, pros react to Jose Aldo’s razor-thin loss at UFC 307
-
Sport4 weeks ago2024 ICC Women’s T20 World Cup: Pakistan beat Sri Lanka
-
Science & Environment1 month agoQuantum forces used to automatically assemble tiny device
-
Science & Environment1 month agoNuclear fusion experiment overcomes two key operating hurdles
-
News2 months ago▶️ Hamas in the West Bank: Rising Support and Deadly Attacks You Might Not Know About
-
Technology1 month agoMeta has a major opportunity to win the AI hardware race
-
MMA4 weeks agoKetlen Vieira vs. Kayla Harrison pick, start time, odds: UFC 307
-
Sport4 weeks agoMan City ask for Premier League season to be DELAYED as Pep Guardiola escalates fixture pile-up row
-
Business4 weeks ago
how UniCredit built its Commerzbank stake
-
News4 weeks agoGerman Car Company Declares Bankruptcy – 200 Employees Lose Their Jobs
-
Sport4 weeks agoCoco Gauff stages superb comeback to reach China Open final
-
Business4 weeks ago
Bank of England warns of ‘future stress’ from hedge fund bets against US Treasuries
-
Technology4 weeks agoTexas is suing TikTok for allegedly violating its new child privacy law
-
Business4 weeks ago
Sterling slides after Bailey says BoE could be ‘a bit more aggressive’ on rates
-
Football4 weeks ago'Rangers outclassed and outplayed as Hearts stop rot'
-
Sport4 weeks agoSturm Graz: How Austrians ended Red Bull’s title dominance
-
News4 weeks agoHull KR 10-8 Warrington Wolves – Robins reach first Super League Grand Final
-
Business4 weeks ago
The search for Japan’s ‘lost’ art
-
Sport4 weeks agoPremiership Women’s Rugby: Exeter Chiefs boss unhappy with WXV clash
-
Entertainment4 weeks agoNew documentary explores actor Christopher Reeve’s life and legacy
-
Science & Environment1 month agoTime travel sci-fi novel is a rip-roaringly good thought experiment
-
Science & Environment1 month agoNerve fibres in the brain could generate quantum entanglement
-
Business1 month agoStocks Tumble in Japan After Party’s Election of New Prime Minister
-
Business4 weeks agoWater companies ‘failing to address customers’ concerns’
-
Technology4 weeks agoOpenAI secured more billions, but there’s still capital left for other startups
-
News4 weeks agoFamily plans to honor hurricane victim using logs from fallen tree that killed him
-
Technology4 weeks agoLG C4 OLED smart TVs hit record-low prices ahead of Prime Day
-
Technology4 weeks agoIf you’ve ever considered smart glasses, this Amazon deal is for you
-
MMA4 weeks agoJulianna Peña trashes Raquel Pennington’s behavior as champ
-
Technology4 weeks agoThis AI video generator can melt, crush, blow up, or turn anything into cake
-
Technology4 weeks agoJ.B. Hunt and UP.Labs launch venture lab to build logistics startups
-
Technology4 weeks agoSingleStore’s BryteFlow acquisition targets data integration
-
Money4 weeks agoPub selling Britain’s ‘CHEAPEST’ pints for just £2.60 – but you’ll have to follow super-strict rules to get in
-
Technology4 weeks agoThe best budget robot vacuums for 2024
-
Sport4 weeks agoWXV1: Canada 21-8 Ireland – Hosts make it two wins from two
-
News1 month ago▶️ Media Bias: How They Spin Attack on Hezbollah and Ignore the Reality
-
Science & Environment1 month agoHow to wrap your mind around the real multiverse
-
Business4 weeks agoChancellor Rachel Reeves says she needs to raise £20bn. How might she do it?
-
Business4 weeks ago
Head of UK Competition Appeal Tribunal to step down after rebuke for serious misconduct
-
Technology4 weeks agoThe best shows on Max (formerly HBO Max) right now
-
Sport1 month agoWorld’s sexiest referee Claudia Romani shows off incredible figure in animal print bikini on South Beach
-
Technology4 weeks agoApple iPhone 16 Plus vs Samsung Galaxy S24+
-
MMA4 weeks agoUFC 307 preview show: Will Alex Pereira’s wild ride continue, or does Khalil Rountree shock the world?
-
Business4 weeks ago
Champagne days for F1
-
Business4 weeks agoStark difference in UK and Ireland’s budgets
-
Money3 weeks agoTiny clue on edge of £1 coin that makes it worth 2500 times its face value – do you have one lurking in your change?
-
Technology1 month agoUniversity examiners fail to spot ChatGPT answers in real-world test
-
News1 month agoOur millionaire neighbour blocks us from using public footpath & screams at us in street.. it’s like living in a WARZONE – WordupNews
-
Business4 weeks ago
Top shale boss says US ‘unusually vulnerable’ to Middle East oil shock
-
Technology4 weeks agoBest iPad deals for October 2024
-
MMA4 weeks agoPennington vs. Peña pick: Can ex-champ recapture title?
You must be logged in to post a comment Login