3 Game-Changing Stocks That Can Make You Rich in 10 Years

3 Game-Changing Stocks That Can Make You Rich in 10 Years

Three Under-the-Radar Monster Stocks with Multibagger Potential

Investing in the stock market can be a lucrative way to build wealth, but finding stocks that have the potential to make you rich requires careful research and analysis. One way to identify these high-growth stocks is by looking for companies with strong economic and brand moats that drive their performance over time. These "monster stocks" are often overlooked by investors, but they can generate huge value for their shareholders over the long term.

A Proven Leader with Big Moats

Visa (NYSE: V) is a prime example of a monster stock that has been delivering exceptional returns to its shareholders for years. As a global leader in payments processing, Visa has a network of nearly 4.7 billion cards worldwide and facilitates over $15.9 trillion in transactions annually. Its business model is asset-light, credit risk-free, and earns huge margins, with an operating margin of 66% on revenue worth $36 billion in the financial year 2024.

Visa's dominance in the payments processing space is driven by its strong brand power, network effects, and moats such as:

  • Economic moat: Visa has a significant presence in the global payments market, with a huge customer base and extensive network of merchants.
  • Brand moat: The Visa brand is recognized worldwide, providing a level of trust and credibility that is difficult to replicate.
  • Network effects: As more transactions are processed through the Visa network, it becomes increasingly valuable to its customers, creating a self-reinforcing cycle.

Visa's growth prospects remain strong, particularly as more nations move from cash to digital payments. With a dividend that has grown steadily in recent years and value-added services like risk and security solutions, Visa is well-positioned to continue delivering monster returns to its shareholders for years to come.

A Monster Stock You May Not Have Considered

Waste Management (NYSE: WM) is another company with the potential to generate multibagger returns over the next decade. As a leading waste management company in North America, Waste Management has a proven track record of growth and profitability, with a dividend that has increased for 22 consecutive years.

The key to Waste Management's success lies in its:

  • Industry dominance: Waste Management is a market leader in the waste management industry, providing it with economies of scale and stable cash flows.
  • Capital allocation efficiency: The company uses its capital efficiently to grow its business and reward shareholders through dividend payments.
  • Business model resilience: Waste Management's core business is immune to economic cycles, allowing it to generate recession-proof revenues.

Waste Management has recently reported solid numbers for 2024, with projections of nearly 18% growth in free cash flow (FCF) at the midpoint of its guidance range. The company's acquisition of Stericycle, a leading medical waste management company, adds a new growth catalyst to its portfolio and provides a significant opportunity for future expansion.

An Offbeat Stock with Massive Growth Catalysts

BYD Company (OTC: BYDDY), a Chinese electric vehicle (EV) manufacturer, is another monster stock that has the potential to generate huge returns over the next decade. As one of the leading players in the global EV market, BYD has a strong presence in China and a growing footprint globally.

The company's growth prospects are driven by:

  • Market leadership: BYD is the market leader in China's retail NEV market, with a 29.2% share.
  • Growth catalysts: The acquisition of Stericycle (OTC: SRCL) adds a new growth opportunity to BYD's portfolio.
  • Global expansion: BYD has expanded its global footprint rapidly, with factories in Asia, Brazil, and Hungary.

BYD's sales have been booming in China, with a 35% surge in 2024 and a 73% jump last month. The company's stock has the potential to generate monster returns over the next decade, driven by its strong market position and growth catalysts.

Conclusion

Investing in the right stocks can be a lucrative way to build wealth over time. By identifying companies with strong economic and brand moats that drive their performance over time, investors can find "monster stocks" that have the potential to generate huge returns. Visa, Waste Management, and BYD Company are three under-the-radar monster stocks that have the potential to deliver multibagger returns over the next decade.