I started investing about 5 years ago in 2018 and hence relatively a beginner. In the last few years several stocks were hyped to be the next FAANGs to generate 100-1000x returns. Some of them were
- PTON - predicted to be the like Nike with $250B+ market cap
- ZM - predicted to be a company where millions of people collaborate for work, 200B+ market cap
- APPS - predicted to be next TTD (like 40B+ market cap)
- OPEN - the next Amazon with $500B+ market cap
There were many other predictions which sounded ridiculous then, but has now become a reality or getting there. (Say for eg: In 2018 Tesla car owners were really happy with what they bought and predicted it to be like Apple of EVs but I did not believe and did not invest. This was when TSLA was below 50B market cap. There was another narrative that Nvidia will be the biggest company in the world in next 7-10 years which I missed too and its now on its path.)
Which were some of the predictions that you heard years back and did not become a reality now and which are the predictions that you hear right now which you think will be reality in next 7-10 years?
[link] [comments] https://www.reddit.com/r/stocks/comments/15u39v6/which_stocks_were_predicted_to_be_the_next_faangs/
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