2 Monster Growth Stocks to Buy Before Sales Soar 94% and 136%, According to Wall Street
Cloudflare(NET) The Motley Fool·2024-08-28 09:12
Wall Street analysts are forecasting rapid sales growth for Shopify and Cloudflare. Stocks are often valued based on earnings or cash flow, but both metrics are ultimately limited by sales. For that reason, strong sales growth often goes hand-in-hand with share-price appreciation, and analysts anticipate strong sales growth from Shopify (SHOP -0.56%) and Cloudflare (NET -0.47%) in the coming years. Shopify reported $7.7 billion in revenue during the last 12 months. Wall Street expects sales to increase 94% ...