There are a lot of growing companies that are available in the world today. However, not all of them are promising this year. Bloomberg has already identified some companies that are predicted to grow very rapidly this year. These companies can bring a lot of benefits and advantages to their customers. They have a lot of great products and services that are suitable for their clients. There are many factors that were used by Bloomberg analysts for comparing all available companies, for example, market share, revenue growth, margins, debt, and any other factors. Here are some of those rising and growing companies that should be watched in 2020.
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1. Anta Sports
Anta Sports is one of the rising star companies that you can find in China. It is the largest sportswear company that is going to rival Nike Inc’s and Adidas in China within three years. Anta Sports company is going to speed up its expansion in China before the Beijing Winter Olympics is held in 2022. Many analysts predict the growth of this company can reach up to 20 – 30 percent this year. The total assets of this company is more than $5 billion this year. It can be a new sportswear company that is going to be popular this year.
2. Beyond Meat
This is another new company that has a lot of potential clients this year. This company is very well-known for its plant-based burgers. Many customers are happy with their products because they are concerned about their health and the environment. This fact can boost the overall sales and performance of this company. Beyond Meat is ready to compete with other companies in this $1.4 trillion meat industry. The industry of meatless food is going to grow very rapidly this year. It will be a huge opportunity for Beyond Meat to grow fast this year.
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3. CD Projekt
This company focuses its products and services in the gaming industry. CD Projekt is one of the largest video game makers in Poland. It is predicted to grow its sales to about 400 percent this year. This company will release its new game called Cyberpunk 2077. This game is predicted to be sold up to 20 million units this year. The total asset of this company reaches $300 million this year. According to Bloomberg analysts, this company is predicted to grow very quickly by targeting all customers from around the world.
4. CVS Health
Many people concern about their health today. It will be a huge opportunity that is available for CVS Health company. After the merger with Aetna, this CVS health corporation is positioning itself as one of the best health care providers in the United States. It has a good management system that will pump its sales and retail footprint this year. It is predicted to offer double-digit EPS growth at the end of 2022. All legal pressures and regulatory have already receded, in order to give an opportunity for this company to pursue its plan. This company is predicted to grow by up to 10% this year.
5. Just Eat
This is another online food delivery service company that is predicted to grow very quickly this year. The merger of the Just Eat and Takeaway.com will create the largest online food delivery service outside China. It is going to target all customers who are in the Netherlands, Germany, and the United Kingdom. This company is predicted to pass the popularity of the other food delivery services, such as Deliveroo or Uber Eats. The total asset of this company is more than $1.5 billion. Working in the food industry can offer a lot of opportunities for this food delivery service company.
If you are looking for a promising company that is predicted to grow well this year, you cannot forget about Netflix. This company has its own target to reach customers from around the world. It has a good plan to reach up to 150 million customers at the end of this year. Netflix becomes a leader in the video streaming industry by beating some other companies, such as Hulu, Disney+, Amazon, HBO Now, and any other popular companies in this industry. Netflix still has a lot of opportunities to grow rapidly today.