There are a few companies that do well, even when times are bad, and there are a few stocks that do well, even when the stock market is plunging. It follows that while the economy is good and the stock market is on a tear, there will be a great many such companies and a great many such stocks. A few stocks will surely double from where they are today over the next twelve months, and if things remain as they are now, there may be a great many. It’s not so arrogant, therefore, that I might try to identify them.
It would be easy to name small biotech stocks that are nearing the end of a clinical trial—there would certainly be a double or two, but there would also be some catastrophes. What I’m attempting to identify are stocks that have such good growth prospects that they will rise by 100% or more relatively gradually, based on a sober assessment of their long-term prospects. Hopefully, if I miss the 100% mark with any of these (or all of these) the returns will still be good enough that no one will want to quibble.
Remember to treat these ideas as just that, ideas, and do your own research before making any investment decision.