Could Elastic Be a Millionaire Maker Stock?
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 ...