5 Stocks that will 10x in 5 Years According to the Media

In this piece, we will take a look at the five stocks that will 10x in five years. For more stocks, head on over to 15 Stocks that will 10x in 5 Years According to the Media.

5. Upstart Holdings, Inc. (NASDAQ:UPST)

Insider Monkey’s Score: 2

Share Price Upside: -20%

Upstart Holdings, Inc. (NASDAQ:UPST) is a financial services company that is headquartered in San Mateo, California. The firm is one of the few that uses artificial intelligence to connect banks with those seeking loans.

As of Q4 2022, 16 of the 943 hedge funds polled by Insider Monkey had bought a stake in Upstart Holdings, Inc. (NASDAQ:UPST). The firm’s largest investor is Philippe Laffont’s Coatue Management which owns 832,421 shares that are worth $11 million.

4. Apple, Inc. (NASDAQ:AAPL)

Insider Monkey’s Score: 2

Share Price Upside: 3%

Apple, Inc. (NASDAQ:AAPL) is the world’s largest consumer electronics and technology firm. Not only does it sell gadgets such as smartphones, tablets, and notebooks, but it also has strong financial services and streaming platforms.

By the end of last year’s fourth quarter, 135 of the 943 hedge funds polled by Insider Monkey had bought a stake in Apple, Inc. (NASDAQ:AAPL). Out of these, none other than Warren Buffett’s Berkshire Hathaway is the company’s largest investor since it owns a whopping $116 billion stake.

3. Meta Platforms, Inc. (NASDAQ:META)

Insider Monkey’s Score: 2

Share Price Upside: 7%

Meta Platforms, Inc. (NASDAQ:META) is the world’s largest social media company. It owns and operates Facebook, Snapchat, and WhatsApp – each of which are giants in their sectors. Additionally, it has caught the financial press’s attention for rapid growth due to its gamble on the metaverse.

Insider Monkey profiled 943 hedge funds for the final quarter of 2022 and found out that 194 had held a stake in the company. Out of these, Meta Platforms, Inc. (NASDAQ:META) largest investor is Ken Fisher’s Fisher Asset Management which owns 9.1 million shares that are worth $1 billion.

2. Desktop Metal, Inc. (NYSE:DM)

Insider Monkey’s Score: 2

Share Price Upside: 30%

Desktop Metal, Inc. (NYSE:DM) is an American firm headquartered in Burlington, Massachusetts. The firm provides industrial manufacturing solutions and 3D printers. These enable firms to both make prototypes and volume products.

By the end of last year’s fourth quarter, ten of the 943 hedge funds part of Insider Monkey’s database had held a stake in Desktop Metal, Inc. (NYSE:DM). During its fourth quarter of 2022 earnings call, the company’s management outlined that Desktop Metal is the third largest additive manufacturing firm by revenue.

1. SoFi Technologies, Inc. (NASDAQ:SOFI)

Insider Monkey’s Score: 2

Share Price Upside: 33%

SoFi Technologies, Inc. (NASDAQ:SOFI) is another financial technology firm and one that is headquartered in San Francisco, California. It serves both regular customers and financial firms through a financial management platform and a banking platform, among others.

Insider Monkey’s December 2022 survey of 943 hedge funds revealed that 25 had bought the firm’s shares. SoFi Technologies, Inc. (NASDAQ:SOFI)’s largest investor is Jim Davidson, Dave Roux, and Glenn Hutchins’s Silver Lake Partners which owns 31 million shares that are worth $143 million.

Disclosure: None. You can also take a look at 15 Best States To Live In: 2023 Rankings and 30 Best Hotels in the U.S.

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