Millionaire-Making Machines: 7 Unstoppable Growth Stocks to Own for the Long Haul

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Li Auto (LI): A cash buffer for retail and charging network expansion in China bodes well for this EV company. Miniso Group (MNSO): Aggressive new store openings drive revenue growth at over 20% CAGR....

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMillionaire-Making Machines: 7 Unstoppable Growth Stocks to Own for the Long Haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-02 18:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/05/millionaire-making-machines-7-unstoppable-growth-stocks-to-own-for-the-long-haul/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Li Auto (LI): A cash buffer for retail and charging network expansion in China bodes well for this EV company.\nMiniso Group (MNSO): Aggressive new store openings drive revenue growth at over 20% CAGR....</p>\n\n<a href=\"https://investorplace.com/2024/05/millionaire-making-machines-7-unstoppable-growth-stocks-to-own-for-the-long-haul/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4545","symbol_name":"锂电池","start_time":0,"source_url":"https://investorplace.com/2024/05/millionaire-making-machines-7-unstoppable-growth-stocks-to-own-for-the-long-haul/","article_id":"2432620383","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432620383","pubTimestamp":1714644900,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"These are the millionaire-making growth stocks to buy at attractive levels as they represent companies with cash flow upside potential.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4545":"锂电池","BK4503":"景林资产持仓","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","AKRBF":"Aker BP Asa","BK4122":"互联网与直销零售","OSB":"Norbord Inc.","BK4551":"寇图资本持仓","MNSO":"名创优品","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK4505":"高瓴资本持仓","DKNG":"DraftKings Inc.","BK4526":"热门中概股","LI":"理想汽车","LAC":"Lithium Americas Corp.","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","BK4563":"昨日强势股","BK4565":"NFT概念","BK4213":"石油与天然气的勘探与生产","BK4168":"多种金属与采矿","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4187":"航天航空与国防","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4585":"ETF&股票定投概念","DRS":"Leonardo DRS, Inc.","BK4555":"新能源车","CPNG":"Coupang, Inc.","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4150":"赌场与赌博","BK4114":"综合货品商店","BK4220":"综合零售","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK4588":"碎股"},"translate_title":"百万富翁制造机器：长期拥有7只不可阻挡的成长股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LI":1,"AKRBF":1,"CPNG":1,"DKNG":1,"DRS":1,"LAC":1,"MNSO":1,"OSB":1,"EVS.SI":0.6},"content_text":"Li Auto (LI): A cash buffer for retail and charging network expansion in China bodes well for this EV company.\nMiniso Group (MNSO): Aggressive new store openings drive revenue growth at over 20% CAGR.\nAker BP ASA (AKRBF): Robust reserves with a portfolio break-even that’s below $40 per barrel, make this stock a star.\nKeep reading for more millionaire-making machines! \n \n\n\n\n \n\nSource: Vova Shevchuk / Shutterstock.com\n\n\n\nIf we look at some data points on investing trends, it seems that long term investing is dead, but there are millionaire-making growth stocks to be had out there. \nEquity holding periods have decreased in recent decades. Investors seek instant gratification. Long-term investing with patience creates wealth. \nI must emphasize here that in a long-term uptrend for any stock, there’s likely to be intermediate corrections of 20% to 30%. \nHowever, it’s important to focus on the business fundamentals and the long-term outlook than any knee-jerk reaction from the markets. Massive wealth can be created if investors hold good stories through the thick and thin.\nLet’s therefore discuss seven millionaire-making growth stocks to buy at current levels. In my view, these stocks are worth holding at least until the end of the decade.  \nLi Auto (LI)\nSource: Andy Feng / Shutterstock.comAmong the electric vehicle companies positioned to survive and grow, Li Auto (NASDAQ:LI) is among potential millionaire-making growth stocks. \nAmid volatility, LI stock has trended higher by 11% in the last 12 months. Returns can be considered as good because the EV sector has faced growth challenges. At a forward price-earnings ratio of 13.5, LI stock looks deeply undervalued.\nI must add here that Li Auto currently commands a market valuation of $25 billion. The company ended Q4 2023 with a cash buffer of $14.6 billion. \nFurther, for the quarter, free cash flow was $2 billion. This implies an annualized FCF potential of $8 billion. Clearly, the stock is trading at a massive valuation gap.\nWith a strong cash buffer, Li has been aggressively expanding its retail network in China. At the same time, the company continues to invest in technological advancement in vehicles and launch of new models. \nRecently, Li L6, a five-seat premium family SUV was launched with a good initial response in terms of order booking.\nOverall, with strong fundamentals and positive industry tail winds for the long term, LI stock is a potential multibagger.\nMiniso Group (MNSO)\nSource: shutterstock.com/Hendrick WuMiniso Group (NYSE:MNSO) is another of the millionaire-making growth stocks to buy. MNSO stock trades at a forward price-earnings ratio of 19 even after an upside of 45% in the last 12 months. \nConsidering the revenue and earnings growth trajectory, the stock is trading at a valuation gap.\nAs an overview, Miniso is a lifestyle retailer with strong presence in China and expanding presence globally. The company differentiates itself through attractive pricing coupled with a portfolio of dynamic SKUs.\nFor Q2 2024, Miniso reported healthy revenue growth of 54% on a year-on-year basis to $541 million. For the same period, the adjusted EBITDA margin expanded by 200 basis points to 25.9%. Margin expansion was driven by favorable product mix and global supply chain optimization.\nMiniso is targeting to open 900 to 1,100 stores annually between 2024 and 2028. Further, the company expects revenue growth at a CAGR of at least 20% during this period. Therefore, the outlook is positive and as cash flows swell, Miniso will be positioned to increase dividends at a robust pace.\nAker BP ASA (AKRBF)\nSource: zhengzaishuru / Shutterstock.comAker BP ASA (OTCMKTS:AKRBF) is a hidden-gem that’s likely to be a massive value creator by the end of the decade. As an overview, Aker BP is an oil and gas exploration company with a focus on the Norwegian continental shelf.\nAKRBF stock has been sideways in the last 12 months as oil remains subdued because of macroeconomic headwinds. This seems like an excellent opportunity to accumulate the 9% dividend yield stock trading at a valuation gap.\nThe first reason to like Aker is strong fundamentals. The company ended 2023 with a liquidity buffer of $6.8 billion. Further, a leverage ratio of 0.2 points to high financial flexibility for organic and acquisition driven growth.\nThe second reason to like Aker is quality assets. As of 2023, Aker reported 2P reserves of 1,716mmboe. The company had 2C resources of 809mmboe. With the portfolio having an attractive break-even of $35 to $40 per barrel, the assets are a cash flow machine.\nEven with oil between $80 and $100 per barrel, Aker is positioned to deliver robust free cash flows. This will ensure sustained dividend growth and flexibility to aggressively invest in exploration.\nCoupang (CPNG)\nSource: Michael Vi / Shutterstock.comCoupang (NYSE:CPNG) stock has rallied by 43% for year-to-date. The big upside has been backed by positive business developments. With move toward profitability and an expanding addressable market, I am bullish on CPNG stock being a massive value creator.\nIn a recent development, Coupang raised Wow subscription price by 58%. Citigroup believes this move is “highly profitable” for the South Korean retailer. The price increase is likely to have a positive impact of $160 million and $410 million on the adjusted EBITDA in 2024 and 2025, respectively.\nFrom a long-term perspective, there are two points to note. First, within Korea, the e-commerce market is expected to swell to $563 billion in 2027 from $483 billion in 2023. Therefore, there is ample headroom for growth within the country.\nFurther, Coupang has already made inroads in other Asian markets. Emerging Asia and Southeast Asia are likely to be the key growth drivers for the company in the next five to 10 years. \nWith the acquisition of Farfetch, the company has entered the European luxury e-commerce market. Therefore, there are ample growth catalysts and CPNG stock is poised to surge higher.\nDraftKings (DKNG)\nSource: Lori Butcher / Shutterstock.comDraftKings (NASDAQ:DKNG) stock has surged by 111% in the last 12 months. DKNG stock is however worth accumulating on corrections for multibagger returns. \nThe company with focus on iGaming and online sports betting (OSB) has a big addressable market.\nTo put things into perspective, DraftKings believes that the total addressable market for OBS and iGaming was $20 billion (existing states) in 2023. \nThe market size is expected to swell to $30 billion by 2028. As OSB and iGaming is legalized in other states, the addressable market will get bigger. This provides ample headroom for growth in the coming years.\nAnother point to note is that DraftKings has moved toward profitability. For the year, the company expects adjusted EBITDA of $460 million. \nFurther, DraftKings has guided for adjusted EBITDA of $1.4 billion in 2026 and $2.1 billion by 2028. Of course, these estimates are for existing states. I therefore believe that EBITDA will be significantly higher than $2.1 billion by 2028.\nLithium Americas (LAC)\nSource: Wirestock Creators / Shutterstock.comLithium Americas (NYSE:LAC) is another millionaire-making growth stock to buy and hold with patience. With the plunge in lithium price, LAC stock has been depressed. \nThis provides a golden entry opportunity. With an impending lithium shortage, it’s likely that the metal will trend higher in the coming years.\nThe first point to note is that Lithium Americas will commercialize its key asset only in 2027. Therefore, robust growth and cash flow upside is still few years away. \nHowever, that should not discourage investors from considering exposure to the stock. The Thacker Pass project is a cash flow machine and as commercialization nears, I expect LAC stock to skyrocket.\nTo put things into perspective, Thacker Pass has an after-tax net present value of $5.7 billion. Further, the asset has a mine life of 40 years with annual EBITDA visibility of $2 billion once both phases are commercialized. \nIn the recent past, Lithium Americas has also received financing for the construction of the project. This is another catalyst for a rally relatively soon.\nLeonardo DRS (DRS)\nSource: anttoniart / ShutterstockGlobal defense spending increased at a robust pace of 6.8% on a year-on-year basis to $2.44 trillion in 2023. It’s likely that defense spending growth will remain strong considering geopolitical tensions. \nIt’s therefore a good time to remain invested in defense stocks. Leonardo DRS (NASDAQ:DRS) is among the emerging defense names to consider for multibagger returns.\nIt’s worth noting that DRS stock has been in an uptrend with returns of 43% in the last 12 months. However, considering the backlog growth and focus on innovation, I remain bullish on the stock for a sustained rally.\nAs of 2023, Leonardo reported an order backlog of $7.8 billion. The order intake in the last few quarters has been robust and points to accelerated revenue growth.\nComing to innovation, the company received the “prestigious 2024 Herschel Award for the development of a groundbreaking cooled infrared sensor.” This “unlocks the ability for advanced military and scientific capabilities.” With a strong balance sheet, healthy order backlog, and focus on innovation, DRS stock is easily among the most exciting millionaire-making growth stocks.\nOn the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nFaisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.E-Commerce, Consumer Discretionary, Automotive, Electric Vehicles, Energy, Renewable Energy, Battery, Lithium, Oil, Industrial, Precious Metals, Retail\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/05/millionaire-making-machines-7-unstoppable-growth-stocks-to-own-for-the-long-haul/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2432620383"}