Feb 06, 2021 02:00 AM EST
Jeff Bezos, the world's second-richest person, is certainly someone worth listening to and following. He once said said that invention is the root of success and no one can certainly argue with that. This can even be applied in the stocks that investors should be checking out.
Safe is good, but the number one rule in the investing world is that the more risks one take, the higher the possible rewards. Of course, the trade-off is that there are also likely to be higher risks. One simply has to be prepared to win big.
"Invention is the root of our success. We've done crazy things together, and then made them normal. We pioneered customer reviews, 1-Click, personalized recommendations, Prime's insanely-fast shipping, Just Walk Out shopping, the Climate Pledge, Kindle, Alexa, marketplace, infrastructure cloud computing, Career Choice, and much more. If you get it right, a few years after a surprising invention, the new thing has become normal. People yawn. And that yawn is the greatest compliment an inventor can receive," Bezos can be recalled to have notably said.
Below are 5 Hyper-innovative stocks that are possibly highly rewarding, described by Luke Lango of Investor Place, worth checking out because they are of companies that thrive on innovation and invention for growth.
It is highly likely that these are lesser-known than most companies on their respective niches or industry, but they are bound to be big names if they continue to innovate and thrive. Supporting them can reap some great rewards of both sides:
Square is a payments processor then turned innovative digital money ecosystem operator so much so that on 2020, while most businesses were failing because of COVID-19 pandemic, it reported its best year.
While its core business was essentially shut down, it managed the mean feat because it launched a brand-new mobile money app, Cash App. The company saw an opportunity to innovate and did not hesitate.
Even though there are already a lot of alread EV companies in existence, Canoo can certainly be described as the most innovative. The company has invented, from scratch, an completely new type of car that is unprecendented in the size of its interior space among self-driving cars.
At the same time, the company has completely reimagined how people can buy cars, because it has launched a disruptive subscription model for shared car ownership, that is the first of its kind. There is no denying how much the compmay believes in innovation.
Hyundai in 2020 said it will partner up with Canoo precisely because of its innovativeness.
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Most enterprise AI systems is innovative. So much so that even though a lot of companies tried to make their own, they have given up on deploying AI. But C3.ai refuses to do the same. The company innovated by making scalable and easily-deployable open AI architectures that is capable of transforming every industry in the world.
In 2020, CNBC has listed the company on its Disruptor 50 List. This is a mean feat.
While supporting our customers through their digital transformation journeys is a foremost priority, this recognition comes at a time when we are especially proud of the work we have accomplished to mitigate the spread of COVID-19.
First, through a public-private partnership and the expedited funding of AI-driven COVID research; and second, through the creation of the C3.ai COVID-19 Data Lake, one of the world's largest unified sources of public COVID-19 data," said Thomas M. Siebel, CEO of C3.ai. "I cannot imagine a more important use of AI and our resources than to help alter the course of a global pandemic."
And the world of NFTs expands far beyond art and collectibles. A new era of tokenized digital assets is being created using the blockchain. Here are seven unique NFT use cases that the interested investor should know.
However, there are some simple steps that anyone can take which will help to improve their performance when it comes to trading foreign exchange markets. Here are ten small things that can make a big difference in your FX trading success.
o prevent significant losses, risk management expertise is essential. His adage, "Rule No. 1: Never lose money," has become a stock market classic. Never forget Rule No. 1; this is Rule No. 2. This practice is followed by even the most successful investor, Warren Buffett, who advises others to follow suit.
One of the significant advancements is shifting the payment operations for remote workers. If the compliances are not met, it may lead to severe legal complications. The owner and organization may be held labially separately. The remote working lifestyle continuously grows and is a testament to becoming an endless working mode. Today we discuss components for payroll for remote workers
BRG International Founder Matias Alem had recognized this fact for a few years. So he remodeled his real estate brokerage into something completely new to solve the problem for his jet-setting international client base.
Ryan Early, hailed as 'Farmer Ryan' among sustainable agriculture experts, is a busy man. He has a laundry list of companies to his name, including Blue-Green Ventures, the company behind the revolutionary product, Blue MagicTM, a non-toxic and eco-sustainable pest preventative product using his patented BiomeMax TM Pheromonal Replication Technology.
Investor, financier, and expert in both cryptocurrencies and blockchain technology, Joy Mbanugo is the go-to in the sector. She has vast experience and knowledge across tax services, auditing, business operations, financial analysis, capital markets, and other specializations.
When Nick Collins was just 14 years old, he started his first business, which included around-the-clock phone calls and numerous questions from his parents. In fact, he began building his stout portfolio in the seventh grade by doing web design, incorporating creative content with brand strategies and plugging in a then-fledgling tech Flash.
Barry Gabster is the founder of InitiateU and is a leading proponent of the marketing mailer revolution, having already taken his company to 10x growth in 2021, alone. In fact, the exponential growth has seen the company rise from $800K-$8.5M just on word-of-mouth referrals.