It’s no secret that companies involved in cloud computing, virtual direct-to-consumer sales, artificial intelligence (AI), and augmented reality (AR) are onto something big. Two exciting stocks come to mind when we start on the topic. Ontrak (NASDAQ:OTRK) stock is up 327% from a year ago, and yet the company is still pretty small, with a market cap of a little over $1 billion. The company competes with Livongo in the virtual healthcare space, helping people manage mental health issues and chronic physical conditions.
Unity Software (NYSE:U) IPO’d in September, an event which was overshadowed by the big Snowflake splash. Unity is already a very large company with a market cap of almost $23 billion. In my hunt for 10-baggers, I usually look to smaller companies to deliver. Unity, however, has a vast market opportunity ahead. Unity’s software is one of the two major platforms upon which video games are built