Are you looking to grow your money in the stock market? Billionaire investor Warren Buffett has made his fortune by buying shares of companies when they are on sale, and right now, there are two stocks that could potentially soar over the next few years.
First up is Carnival (CCL), a leading cruise line company that is benefitting from the growing travel market. Despite the company’s revenue and operating profit returning to pre-pandemic levels, the stock is still trading at a significant discount – currently 76% off its previous peak. With Carnival’s debt decreasing as revenue and profit continue to grow, there is substantial upside potential for shareholders.
Another stock to consider is Roku (ROKU), a popular streaming platform with 81 million households and growing. The stock is currently down 87% from its previous highs, presenting an opportunity for investors. Roku has delivered record revenue and free cash flows this year, and with a growing base of households using the platform, there is potential for more growth in the future.
Both Carnival and Roku offer attractive investment opportunities with the potential for significant growth. As the travel market continues to recover and more households sign up for streaming services, these stocks could see a boost in the coming years. Consider adding them to your portfolio for a chance to grow your money.