3 Affordable Stocks With Significant Upside by 2028
investorplace.com·2024-05-27 10:00

Core Insights - Identifying companies with significant growth potential across various sectors, including technology, semiconductors, and retail, is crucial for investors aiming for substantial returns by 2028 [1] Semiconductor Industry - Intel's product revenue in Q1 2024 increased by 30% year-over-year to reach $11.9 billion, driven by collaborations with major companies like NAVER, Dell, and Bosch, which are expected to enhance its revenue in the AI market [3] - Intel Foundry generated $4.4 billion in revenue in Q1 2024, with projections indicating the foundry industry will grow from $110 billion to $240 billion by 2030, positioning Intel to capture a significant market share [4] - TSMC reported cash reserves of TWD1.9 trillion (approximately $60 billion) in Q1 2024, achieving an operating margin of 42% and a return on equity of 25.4%, reflecting strong financial management despite challenges [5][6] - TSMC's strategic plans include expanding its manufacturing base internationally, particularly in Arizona, Japan, and Europe, while maintaining a focus on tech leadership through investments in new technologies [6] Retail and Technology - Alibaba's GMV on Taobao and Tmall Group saw double-digit growth year-over-year in Q4 2024, with a 45% increase in revenue from its International Digital Commerce segment, indicating successful expansion in cross-border retail [7] - Alibaba Cloud's primary public cloud products also experienced double-digit revenue growth year-over-year, with AI income increasing by triple digits, showcasing strong demand across various industries [8] - The 88VIP membership program at Alibaba grew by double digits year-over-year to over 35 million members, reflecting successful customer loyalty initiatives [8]