4 Stocks With 10x Potential I've Got in My Portfolio

By Matt Frankel – Jan 27, 2023 at 6:21AM

NASDAQ: RDFN

Redfin

Market Cap

$670M

Today's Change

(8.49%) $0.44

Current Price

$5.62

Price as of April 26, 2024, 4:00 p.m. ET

These are far from sure things, but there's tremendous upside if they can execute.

While most of my portfolio is filled with stocks that let me sleep well at night, I use a small portion to invest in higher-risk stocks with tremendous reward potential. Here's why I own Redfin (RDFN 8.49%) and three other high-potential stocks and plan to hold on to them.

*Stock prices used were the morning prices of Jan. 18, 2023. The video was published on Jan. 26, 2023.

Matthew Frankel, CFP® has positions in American Well, Fastly, Lemonade, and Redfin. The Motley Fool has positions in and recommends Fastly, Lemonade, and Redfin. The Motley Fool recommends the following options: short February 2023 $7 calls on Redfin. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.