The 8 most promising stocks for the next decade

From smartwatches to insulin sprays that act in seconds, from 3D printers to podcasts, to satellite imagery and drone cabs: these are the objects that will shape everyday life in our near future, and it is precisely the companies most at the forefront of these fields that are the promising stocks to bet on in the next ten years. According to the report “Future 2033: The Most Promising Stocks in the Next 10 Years” by XTB, an international fintech listed on the Warsaw Stock Exchange and one of the largest FX and CFD brokers, investors are being asked to monitor the stocks of eight companies in particular: Apple, 3D Systems, Novo Nordisk, Spotify, Nvidia, Maxar Technologies, EHang and Palantir. 

Walid Koudmani, Chief Market Analyst at XTB, reports:

“On a typical day 10 years from now when we wake up, 3D Systems’ 3D printer will have already ‘made’ us breakfast; on our way to work, the electric car will be playing our favorite podcast because radio stations will likely have disappeared absorbed into content by Spotify; in the office we will be attending the first meetings of the day with colleagues from around the world, wearing Nvidia’s virtual reality goggles that will holographically materialize us all in the same room, and if we work on one of Italy’s largest farms, upon notification of a problem in a particular hectare under our jurisdiction, we will be able to instantly request a high-resolution image using one of Maxar Technologies’ satellites, and if it is necessary to intervene in the field, we will be able to book an air cab made by eHang that will quickly get us to that hectare that is so inaccessible by land.” 

From tech to healthcare, the most promising stocks coincide with companies that are characterized by being on the frontier of innovation. Starting with tech stocks which, after a troubled 2022, have seen earnings reliability return to strength driven by the growth of cloud computing, semiconductor enhancement, and the rise of artificial intelligence and machine learning. Also enjoying excellent health is the drone market, which is estimated to have revenues of $90 billion by 2030 (up from $13.7 billion in 2021), while on the healthcare front, advances in the ability to diagnose, monitor, and treat disease, including through increasingly personalized therapies, are creating a wide range of investment opportunities, and it is very likely that the innovative healthcare market could grow at the same pace as tech.  

Koudmani continues:

“These are stocks that have had a mixed performance this quarter but as earnings season begins, they will be watched closely within the scenario of factors that could contribute to their performance. 

These factors include for instance rising interest rates that would make it more expensive for companies to borrow money, weighing on their earnings. Or the ongoing war in Ukraine, which by creating uncertainty in the global economy, has led some investors to sell these stocks to seek less risky investments. On the other hand, the growth of cloud computing could continue to drive earnings growth for tech companies, as could the continued evolution of artificial intelligence and virtual reality. These technologies have the potential to disrupt a range of industries and could create new opportunities for companies. Overall, although the outlook for these companies is uncertain in the short term, given the potential growth drivers, they could be an attractive investment over the long term.”

Most promising stocks for the next 10 years 

Apple, prices up thanks to Apple Watch

Apple Watch’s features make it an increasingly versatile and useful device for staying fit, organized and connected while on the go. Already capable of managing any health parameter, providing directions, making payments, with upcoming features, it will become more functional than the iPhone itself, driving stock performance.

3D Systems, 3D printing in the service of health

Growth in 3D printer sales has been significant in recent years: currently, the industry is worth $16.75 trillion, with a projected annualized growth of 23.3% through 2030. In addition, the latest developments in food printing, with companies like 3D Systems collaborating with food production companies, could mean a global revolution. In this scenario, 3D Systems stands out in two areas of expertise: industry and healthcare. An area, the latter, where the company is making inroads by driving global innovation in technological frontiers such as replicating patient organs, creating prosthetics and designing cutting-edge medical equipment. 

Novo Nordisk, diabetes treatment research continues unabated

According to a study published in The Lancet, diabetics worldwide will grow to 1.3 billion in the next 30 years, more than double the current half billion men, women and children of all ages living with diabetes in every country. Danish pharmaceutical company Novo Nordisk stands out from its competitors because of its broad portfolio of diabetes treatment products, including insulins and other injectable medicines, as well as oral medicines for the treatment of type 2 diabetes, which is responsible for more than 90% of all diabetes cases. Building on its global presence through continuous investment in research and development, Novo Nordisk is set to confirm the positive results recorded in recent years in the near future.

Spotify, the growth of podcasts driving its success

Podcasts have experienced tremendous growth in recent years. According to Edison Research, the percentage of people listening to them in the United States has risen from 17% of the population in 2015 to 51% in 2021. In the same year, Podcast Insights tracked more than 2 million podcast shows worldwide compared to about 550,000 in 2018: numbers that have nearly tripled in three years and can expect to see further growth by driving Spotify’s growth. 

Nvidia, artificial intelligence drives stock price

Nvidia offers software and services related to artificial intelligence acceleration, including tools for training and implementing deep learning models. A leader in the development of graphics technology, Nvidia has contributed significantly to the advancement of the high-performance computing and games industry. Notable milestones include its new GeForce RTX chip, which represents the company’s biggest generational leap in performance and power efficiency. Also noteworthy is its alliance with key companies in the financial sector, to accelerate the use of AI (artificial intelligence) to streamline processes and customer relations, as well as the automotive industry, to improve the production of electric vehicles by integrating video games and televisions inside.

Maxar Technologies, the space technology of choice for the US government.

According to MarketsandMarkets, the global satellite imagery and tracking market, valued at $11.2 billion in 2020, is expected to grow at a CAGR of 6.4% from 2021-2026. Against this backdrop, Maxar Technologies, a company active in the development of space technology solutions, is able to meet the demand of the growing market for a number of factors including increased investment in space technology, growing demand for real-time space data, and the need for accurate and up-to-date information on a variety of sectors, including agriculture, energy, transportation, disaster management, or defense and security. Particularly in the last area, new contracts acquired with the US government stand out due to rising global geopolitical tensions, which according to recent events, may increase in the coming years.

EHang, development of next-generation drones pushes up stock price

According to market research firm Technavio, the global commercial drone market grew at a CAGR of 36.13% between 2016 and 2020. It is also expected to continue to grow at a significant rate in the coming years, driven by a wide range of applications in various sectors, such as agriculture, construction, logistics, security and surveillance, photography and cinematography, or in emergency situations, enabling the delivery of food and humanitarian aid to hard-to-reach places. The advancement of these types of vehicles will lead in the coming years to their daily use in everyday life – it will be possible to see them on the road delivering packages for example. And technology company EHang, which specializes in autonomous aerial vehicles for civilian and commercial use, such as passenger and cargo transport, inspection and surveillance, public safety and emergency management, is bound to reap the benefits. 

Palantir, data analytics for process optimization 

Palantir (Gotham) is a data analytics platform that helps organizations integrate and analyze large data sets from various sources, such as financial documents, intelligence data, and medical records, to uncover patterns and relationships. The company, which focuses primarily on public clients such as government agencies and defense organizations, could be the future of data processing for statistical analysis.