Could Elastic Be a Millionaire Maker Stock?



  • Summary:

     

    Richard Branson, the founder of London-based Virgin Group, once joked: "If you want to be a millionaire, start with a billion dollars and launch a new airline." Alternatively, you can achieve the same feat by investing in a high-growth company that addresses expanding markets over the long term.

    Luckily, Elastic (NYSE:ESTC) seems to fit these alternate criteria. But you need one more condition besides its operational performance to consider Elastic as a millionaire-maker stock: Its stock price must provide significant upside potential.

    Strong growth potential in compelling markets

    Elastic's core business c ...

     

     

    Read Full News: https://www.fool.com/investing/2020/01/15/could-elastic-be-a-millionaire-maker-stock.aspx


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