GREY:XEBEQ - Post by User
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ZouZS3on Apr 19, 2022 2:49pm
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Millionaire-Maker Stocks You Can Buy at a Discount
Millionaire-Maker Stocks You Can Buy at a Discount
Posted by Adam Othman Published April 19, 8:30 am EDT Another robust grower that you can snag with a hefty discount tag is Xebec Adsorption (TSX:XBC). This gas-purification company has a diverse range of products and services, including hydrogen production, which can be a massive market in the next few years. Xebec was once a much larger company (by market cap), and even though its currently a fraction of its former self and may never revert to that size, its growth potential is formidable. In just three years preceding the 2020 market crash, the stock grew about 1,223%. And if it can replicate that feat in another three-year phase, the company can turn about $82,000 into a million dollars. The stock is currently trading at a considerable discount of 78%, a natural consequence (correction) of its erratically robust post-pandemic growth. But the stock is turning the tide and has grown almost 59% in the last two months.