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3 Little-Known Stocks That Could Make You Rich by 2029

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Here are three obscure stocks that can create substantial wealth by 2029. The first one is more appealing because of its amazing capacity to sustain a steady user base despite industry and macroeconomic challenges. This resiliency shows the platform’s ability to withstand market swings and emphasizes its strength, making it an appealing investment option in the interactive home entertainment space.

The second stock, with its significant shares held by insiders, is a standout due to its substantial insider ownership. This major commitment demonstrates faith in the company’s future possibilities and aligns the interests of key stakeholders with those of shareholders. This is a positive indicator for sustained growth in the application software market.

Finally, the third company’s remarkable sales and earnings growth trajectory positions it as a beacon of potential. The airline’s capacity to boost operational effectiveness and generate significant top-line growth highlights its potential to reach new heights in the passenger airline industry, offering investors a solid chance to profit from capital growth.

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HUYA (HUYA)

the HUYA logo displayed on a mobile phone
the HUYA logo displayed on a mobile phone

Source: Piotr Swat / Shutterstock.com

HUYA (NYSE:HUYA) steadily increased its user base in 2023. There is an average of 84.1 million mobile Monthly Active Users (MAUs). The business maintained its user engagement levels despite macro and industry-setting obstacles. The consistency of MAUs is critical to HUYA’s growth trajectory since it shows that the platform can maintain its user base in the face of market volatility. By maintaining a steady MAU count, HUYA exhibits its adaptability and efficiency in offering engaging services and content to its user base.

In 2023, HUYA concentrated on constructing the commercial framework required to sustain its services linked to games. This involved creating in-game item mall features, improving account binding with linked games, and updating the game center module. The aforementioned strategic objectives leverage the expanding gaming sector and expand income sources beyond conventional live broadcasting.

Lastly, HUYA’s revenue from live streaming decreased, while its revenue from advertising and other segments increased significantly. This is mostly from game-related service fees. To sum up, this change in the revenue mix reflects the company’s strategic focus on expanding income streams beyond traditional live streaming and its ability to adjust to shifting market circumstances.