|Bid||18.96 x 2200|
|Ask||19.00 x 1100|
|Day's range||18.11 - 19.16|
|52-week range||16.61 - 69.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||11 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||33.15|
This seems to be occurring right now in this market sell-off, with many fast-growing software, technology, and internet stocks down 50% while the market is only down around 10%. Two high-growth stocks in a sell-off that could go parabolic over the next decade are Latch (NASDAQ: LTCH) and Coupang (NYSE: CPNG). Latch is an electronic hardware and software provider for residential and commercial buildings.
With a multitrillion-dollar opportunity that is set to continue growing over the next few years, e-commerce is one of the best places to look for potential new investments. In Q3 2021, Amazon's latest quarterly result as of this writing, online store sales grew 3% year over year to $50 billion. This might seem slow compared to how fast the overall e-commerce category is growing, but if you look at third-party seller services (which is when Amazon facilitates sales for other companies), growth was a lot better.
In the latest trading session, Coupang, Inc. (CPNG) closed at $20.49, marking a -0.58% move from the previous day.