BuyThisOne
Oct 3, 11:57 AM
$XERS On thing to keep in mind here.
Even if the market cap gets to something like
$10 billion in 2030 that might only be a share price of about
$40 as there may be upwards of 250 million shares at that point.
Very difficult to say where this will be but if they can achieve say
$1.40 EPS on
$750 million revenue with a levo approval maybe we could see
$50 a share.
Of course we have to factor in excitement levels and that could push the stock to be overvalued at points in time just like when it hit
$10 last year.
With the steady 200%+ runs and 50% drawdowns this has been a great place to make money as a trade or buy and hold and I believe that will continue for at least the next decade unless a buyout/merger of course.
$40 in 2030 from here is 45% annual returns.
If you bought at
$1 in 2023 that will be about 70% CAGR.
If you bought
$1000 in Home depot in 1981 you would have about
$16 mil or about 24% CAGR to put that in perspective.
$1000 at 70% for 26 years is a billion. Good luck
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