Chasing the next trend thing after AI is easier said than done. It is also a pretty risky strategy. Companies that have ambitious goals also need a good deal of cash to achieve growth in their areas of focus. Many such companies end up running out of capital and going bankrupt. And for those that do, investors certainly don’t want to be caught in a dilution cycle as they churn through that process.
That said, it is possible to make many promising investments to try and catch the next mega trend after AI. Certain sleeper stocks have strong underlying businesses and are sitting on a boatload of cash. Many of these firms have enough funding and excitement to keep operations going until they hit profitability. If they become successful, you’ll be laughing your way to the bank in the long-run.
Here are three such sleeper stocks to consider right now.
This post appeared at Dynamic Wealth Report.