Rheinmetall and Copart: Long-term winner stocks with multiplication potential

Rheinmetall and Copart: Long-term winner stocks with multiplication potential

According to a report by www.aktienwelt360.de,
Looking into the future is crucial on the stock market. Long-term successful investments with multiplication potential can make the difference between a solid portfolio and exceptional wealth. The two companies Rheinmetall and Copart are currently appearing on the radar of long-term investors.

Rheinmetall: German producer of military goods

For Rheinmetall, the word secret weapon applies in the truest sense of the word. The German military technology group has secured a firm place in the defense and automotive industries. The Russian war of aggression against Ukraine in February 2022 has boosted the company as it benefits greatly from increasing military budgets. With an order backlog of 36.5 billion euros in the third quarter of 2023, Rheinmetall has a comfortable order situation. The growth in the military business is 42% and group sales have already increased by 24%.

Ideal for long-term investors: Copart?

Copart is a leader in online vehicle auctions and is also on the radar of long-term investors. The company has been in business for more than 40 years and its stock price has increased more than 1,000% in the last decade. The increasing demand for used vehicles and the efficiency of the online auction model make Copart an attractive investment for long-term investors. In the past 2023 financial year, sales increased by almost 11% and the net result amounted to an impressive $1.2 billion.

Conclusion

Both companies have unique strengths and growth prospects: Rheinmetall benefits from the tightening global security situation, while Copart benefits from the digitalization of the car trade. For long-term investors, Rheinmetall and Copart could serve as secret weapons for a long-term successful portfolio - assuming growth continues for a few more years. It is important to look beyond short-term market activity and identify companies with long-term potential and stability.