Many growth investors flock to the tech sector in search of gains that could make them millionaires. However, for every millionaire-making success story like Nvidia, there are dozens of disasters like Snap and BlackBerry.
To spot the future winners and avoid the next disasters, investors should focus on companies with unique business strategies, first-mover advantages, and reasonable valuations. These three stocks fit that description -- Nebius (NBIS 0.55%), Symbotic (SYM 2.33%), and Strategy (MSTR +2.23%) -- and they might generate millionaire-making gains over the next decade.
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Nebius
Nebius was once known as Yandex, the tech company that owned Russia's top search engine and other associated websites and apps. However, the sanctions against Russia forced it to divest its Russian assets, relocate its headquarters to the Netherlands, rebrand its business, and evolve into a provider of cloud-based AI infrastructure services.
NASDAQ: NBIS
Key Data Points
As Nebius, the company installs powerful AI servers in its own data centers and provides that computing power to companies that don't want to install their own on-site servers. All of its first-party and shared data centers are located in the U.S. and Europe. It's also a "full stack" AI infrastructure company that integrates managed software services into its customized AI solutions for the data training, edtech, automation, and robotics markets.
From 2025 to 2027, analysts expect Nebius' revenue to grow at a CAGR of 274%. They also expect its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to turn positive in 2026 and more than triple in 2027. Its big AI infrastructure deals with Microsoft, Meta, and other tech giants should fuel that growth.
With an enterprise value of $28.1 billion, Nebius appears undervalued at just 18 times this year's adjusted EBITDA. As the AI market expands, it could command a higher valuation and generate much bigger gains.
Symbotic
Symbotic develops fully autonomous warehouse robots for pallet and case processing. Its top customer is Walmart (WMT +0.55%), and it claims a $50 million investment in just one of its modules (robots plus software) can generate $250 million in savings over 25 years.
NASDAQ: SYM
Key Data Points
Most of Symbotic's revenue comes from a long-term contract to automate all of Walmart's U.S. distribution centers through 2034. However, it's diversifying its customer base by locking in other retailers like Target, Albertsons, and C&S Wholesale.
From fiscal 2025 (which ended last September) to fiscal 2027, analysts expect Symbotic's revenue and adjusted EBITDA to grow at a CAGR of 26% and 68%, respectively. With an enterprise value of $6.1 billion, it still looks like a bargain at 12 times next year's adjusted EBITDA.
As it scales up its business and more companies automate their warehouses, it could generate multibagger gains over the next few decades. It could also acquire smaller AI and robotics companies to evolve into a more diversified provider of automation services.
Strategy
Strategy was once known as MicroStrategy, a slow-growth analytics software company. Yet in 2020, the company abruptly shifted gears and began hoarding Bitcoin (BTC +1.22%). It now holds 709,715 Bitcoins, which are worth $62.8 billion as of this writing.
NASDAQ: MSTR
Key Data Points
That's higher than its current enterprise value of $60.3 billion, which implies the company is undervalued relative to its Bitcoin holdings. You're also getting its slower-growth software business for free. In 2024, the company launched its new "21/21 plan" (consisting of $21 billion in equity offerings and $21 billion in fixed-income security offerings) to fund an additional $42 billion in Bitcoin purchases through 2027. In other words, it's going all-in on Bitcoin as its legacy software business runs out of room to grow.
As Bitcoin's largest corporate investor, Strategy could be a great long-term play if you expect the top cryptocurrency's price to skyrocket over the next few decades. Strategy's co-founder Michael Saylor, who engineered its jarring transformation into a Bitcoin hoarder, expects Bitcoin's price to surge from about $90,000 today to $21 million by 2045. If that happens, Strategy could generate millionaire-making gains for its most patient investors.
