2 Tech Stocks That Could Help Make You a Fortune

Growth Stocks with Long-Term Potential - It is possible to grow a small amount of money into a significant sum by choosing wisely and maintaining adequate diversification [1] - Growth stocks increase the odds of delivering life-changing returns [1] - Two companies with potential to multiply investments over the long term are highlighted [1] C3.ai - C3.ai is a leading provider of enterprise AI software for the U S military and large corporations [2] - The AI market is expected to grow at a 27% annualized rate through 2030, reaching $826 billion [2] - C3 ai's revenue growth has accelerated for seven consecutive quarters, with 29$0 06 per share in the last quarter, but management expects profits to follow revenue growth [4] - C3 ai has $730 million of cash and short-term investments, despite not being profitable [5] - The company's trailing-12-month revenue is$346 million [5] Shift4 Payments - Shift4 Payments is a fast-growing software and payment processing company, primarily serving resorts, restaurants, and sports and entertainment [6] - Quarterly revenue growth has averaged 36% year-over-year over the last two years [6] - The company is benefiting from merchants moving to a single end-to-end system for payments, security, reporting, and analytics [7] - Shift4 Payments is efficiently expanding by acquiring businesses with large customer pools and cross-selling bundled services [8] - The company has $2 8 billion of long-term debt but also$1 4 billion of cash [9] - Net income increased 56% year-over-year in the first three quarters of 2024, reaching $113 million [9] - The stock has risen 86% over the last three years and is trading at 22 times this year's earnings estimate [10]