There are a lot of growing companies that are available in the world today. However, not all of them are promising this year. Bloomberg has already identified some companies that are predicted to grow very rapidly this year. These companies can bring a lot of benefits and advantages to their customers. They have a lot of great products and services that are suitable for their clients. Identifying top companies to grow rapidly is crucial for understanding market dynamics and spotting investment opportunities.
Many factors were used by Bloomberg analysts to compare all available companies, including market share, revenue growth, margins, debt, and other factors. Here are some of those rising and growing companies that should be watched in 2020.
1. Anta Sports
Anta Sports is one of the rising star companies that you can find in China. It is the largest sportswear company that is going to rival Nike Inc and Adidas within three years. Anta Sports company is going to speed up its expansion in China before the Beijing Winter Olympics is held in 2022. Many analysts predict that the growth of this company can reach up to 20 – 30 percent this year. The total assets of this company are more than $5 billion this year. It could be a new sportswear company that is going to be popular this year.
2. Beyond Meat
This is another new company that has a lot of potential clients this year. This company is very well-known for its plant-based burgers. Many customers are happy with their products because they are concerned about their health and the environment. This fact can boost the overall sales and performance of this company. Beyond Meat is ready to compete with other companies in this $1.4 trillion meat industry. Meatless food is going to grow very rapidly this year. This year will be a huge opportunity for Beyond Meat to grow fast this year.
3. CD Projekt
The company focuses on its products and services in the gaming industry. CD Projekt is one of the largest video game makers in Poland. It is predicted to grow its sales to about 400 percent this year. The company will release its new game called Cyberpunk 2077. The game is predicted to be sold up to 20 million units this year. The total assets of this company reached $300 million this year. According to Bloomberg analysts, the company is predicted to grow very quickly by targeting all customers from around the world.
4. CVS Health
Many people are concerned about their health today. It will be a huge opportunity that is available for CVS Health company. Since its merger with Aetna, CVS has positioned itself as one of the best healthcare providers in the United States. It has a good management system that will pump its sales and retail footprint this year. It is predicted to offer double-digit EPS growth by the end of 2022. All legal and regulatory have already receded, to allow this company to pursue its plan. The company is predicted to grow by up to 10% this year.
5. Just Eat
This is another online food delivery service company that is predicted to grow very quickly this year. The merger of Just Eat and Takeaway.com will create the largest online food delivery service outside China. It is going to target all customers in the Netherlands, Germany, and the United Kingdom. The company is predicted to pass on the popularity of other food delivery services, such as Deliveroo and Uber Eats. The total assets of this company are more than $1.5 billion. Working in the food industry can offer many opportunities for this food delivery service company.
6. Netflix
If you are looking for a promising company that is predicted to grow well this year, you cannot forget about Netflix. This company has its target to reach customers from around the world. It has a good plan to reach up to 150 million customers at the end of this year. Netflix has become a leader in the video streaming industry by beating some other companies, such as Hulu, Disney+, Amazon, HBO Now, and many other popular companies in this industry. Netflix still has a lot of opportunities to grow rapidly today.
