5 Stocks That Will Make You Rich In 5-10 years

1. JD.com, Inc. (NASDAQ:JD)

Number of Hedge Fund Holders: 62

JD.com, Inc. (NASDAQ:JD) is a rising Chinese e-commerce entity that has invested the last ten years in developing a logistic infrastructure that ensures swift delivery across China.

The Beijing, China-based company controls the majority of its sales and does not operate on a marketplace model like the Jack Ma-led Alibaba Group Holding Limited (NYSE:BABA). This provides JD.com, Inc. (NASDAQ:JD) the opportunity to capture better margins and more control over the quality of its products. Although the Chinese economy is showing some signs of weakness, this is a short-term phenomenon expected to be resolved soon.

In the last five years, JD.com, Inc. (NASDAQ:JD) observed its revenue increase at a CAGR of 29.61%. The company is expected to continue seeing an expansion in sales with a CAGR of 11.6% in the next decade. Due to its strong growth prospects, JD.com, Inc. (NASDAQ:JD) is being termed as one of the best long-term stocks that investors should buy, with an outlook of five to 10 years to yield significant returns.

Coatue Management raised its stake in JD.com, Inc. (NASDAQ:JD) by 72% during Q2 2022.

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