Prediction: 2 Stocks That Will Be Worth More Than CoreWeave 10 Years From Now
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Investors have fallen in love with artificial intelligence (AI) start-up CoreWeave. The AI cloud provider is growing its capacity at a rapid pace, and it just announced a new $6 billion data center project. Shares of the stock have soared since its initial public offering (IPO) earlier this year, and it now has a market cap of $70 billion.However, CoreWeave is a dangerously unprofitable company, loaded with debt, and tied to the rollercoaster ride that is AI cloud spending. It is a highly risky stock, and one that might disappoint investors in the years to come. Here are two stocks that I predict will be larger than CoreWeave in 10 years: Coupang (NYSE: CPNG) and SoFi Technologies (NASDAQ: SOFI). Here's why.Coupang is an ambitious technology giant from South Korea, modeling itself on Amazon's success in the United States. It has an e-commerce platform, its own logistics network, and a subscription program that gives users free shipping and discounts. Sound familiar? There are now 23.4 million active customers on the South Korean platform, meaning the majority of households in the small country are now using Coupang regularly.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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