7 Stocks That Could Make You a Millionaire

Millionaire Maker Stocks

Want to be a millionaire by 2030? Investing in the stock market is one of the many ways you can achieve millionaire status within this decade.

Even though times are getting tough now, it’s important to remember that fortunes are made from buying high quality stocks during bear markets.

You can become a millionaire by investing a smaller amount of money in high growth small and mid cap stocks with wonderful long term outlooks. I call these kinds of stocks: millionaire makers.

These 7 millionaire maker stocks could make you a millionaire by 2030 and set you and your family up financially for generations to come.

Millionaire Maker Stocks by 2030

  1. Lucid Group (NASDAQ: LCID)
  2. Coinbase (NASDAQ: COIN)
  3. Matterport (NASDAQ: MTTR)
  4. Upstart (NASDAQ: UPST)
  5. Joby Aviation (NASDAQ: JOBY)
  6. Blade Air Mobility (NASDAQ: BLDE)
  7. Luminar Technologies (NASDAQ: LAZR)

Lucid Group (LCID)

Lucid Air Dream Edition

Lucid Motors is the 1 growth stock that I want the most out of any other stock in my portfolio right now. The company has the opportunity to become Tesla 2.0 and make “Lucidnaires” in this decade.

The Lucid Air is the best electric vehicle on the planet right now with an impressive 500 mile charging range and 1080 HP starting at $88,000 at base price. Lucid charges more money per EV than Tesla does, which will help the company grow faster and drive strong revenue & earnings once production is scaled.

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Lucid CEO Peter Rawlinson plans to produce 500,000 EVs per year by 2025 to help “save the planet”. It took Tesla 10 years to hit the 500k production mark but Lucidmay hit the same milestone in just 3 years.

If you missed out on buying Tesla stock then Lucid is your 2nd chance to profit from the inevitable EV boom. If Lucid continues to impress then there will be an army of “Lucidnaires” in 2030 if everything goes as planned.

Coinbase (COIN)

Coinbase

Many experts believe crypto will become a major part of our lives in this decade as more people embrace blockchain technology and the power of mathematically sound money.

Coinbase is the clear leader in the North American crypto industry and has over 100 million verified users on its platform already. The April 2021 IPO was a nightmare that saw COIN stock plummet from as high as $360 but the future looks bright for Coinbase.

The company offers many different products including a crypto exchange, NFT platform, institutional services, and web 3.0 cloud solutions. Major companies such as Blackrock and Google have partnered with Coinbase to help ease the transition from web 2.3 to web 3.0.

Crypto could reach over 1 billion users in this decade and Coinbase could join the ranks of big tech recognition if crypto continues to spread across the globe.

Matterport (MTTR)

The metaverse will become an important part of our lives in the future but we aren’t there just yet. However, Meta platforms changed its name to “Meta” in order to get a head start on the global transition to web 3.0. This is a great sign for metaverse companies such as Matterport that enable companies to turn their real estate into 3D models.

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A good example of how Matterport works can be observed by viewing hotel rooms on the popular online booking app, Agoda. Matterport turns any hotel room into a 3D model so you can actually view the entire room in 3 dimensions. It’s like you are walking around in the room.

There are billions of square feet that must be coded in 3D and brought online so Matterport has a lot of growth potential by 2030. It’s one of the smaller companies on this list but could benefit the most from the metaverse movement.

Upstart (UPST)

Upstart

AI lending is the future of the credit & loan industry where FICO scores will become a thing of the past by 2030.

Upstart CEO Dave Girouard left Google in 2012 to help change the way consumers apply for loans by creating a more fair lending environment that empowers traditionally underserved demographics such as women and minorities.

Upstart’s AI technology approves more loans while maintaining similar risk levels and partners with banks instead of competing with them. The company suffered a setback when the Fed raised interest rates to curb inflation. Upstart stock reached an all-time high of $400 but has crashed due to lower loan volumes caused by higher interest rates.

However, several Wall Street executives including Cathie Wood have pleaded with the Fed to slow down on rate hikes in the future. If the Fed reverses its course and lowers rates then Upstart will experience a surge in loan activity.

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AI lending will become mainstream by 2030 and Upstart looks like the clear leader in this space right now.

Joby Aviation (JOBY)

Joby Aviation eVTOL

Urban Air Mobility will unlock billions of hours in wasted productivity around the world as people can avoid traffic jams and travel around the city faster using the air.

Joby Aviation is the clear front runner in the North American eVTOL market and plans to launch its air taxi service in 2024.

The company is backed by several major companies including Uber and Delta who both invested millions of dollars in Joby stock.

Many consumers were slow to embrace electric cars until the burden of higher gas prices became too great. We could see something similar with electric aircrafts as people realize just how much time they can save by traveling through the air instead of the ground.

Blade Air Mobility (BLDE)

Joby Aviation is the clear North American eVTOL maker but that’s only part of the puzzle. People must book electric aircraft flights on the same platform that makes it easy to get around the city and country.

Blade Air Mobility is an asset light company that offers seamless eVTOL flights within its simple to use app. The company doesn’t make any electric aircrafts but helps passengers book helicopter and eVTOL flights on the go.

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Blade CEO Rob Wiesenthal is one of the earliest adopters of the urban air mobility movement and has a head start on the entire industry. That’s because Blade is literally the only eVTOL related company generating any revenue so far.

Blade will grow alongside the eVTOL movement and provide investors with a lot of hypergrowth opportunity over the next several years in my opinion.

Luminar Technologies (LAZR)

Self-driving vehicles are the future of ground transportation but that won’t happen unless EVs are equipped with the right autonomous software. Luminar CEO Austin Russell became the youngest self-made billionaire in the world when he took his Lidar self-driving technology company public in 2020.

The Stanford University dropout is only 27 years old and believes Lidar technology will help move the self-driving movement to new heights. His company, Luminar, has lucrative deals with Volva, Intel, and Toyota as more corporations work towards an autonomous self-driving future.

Sometimes, it really pays well to invest alongside some of the smartest young CEOs who are visionaries. Investors who bet on Elon Musk (Tesla) and Jeff Bezos (Amazon) in their early years made a fortune.

It’s possible that investing in Luminar could pay off well and make investors a lot of money in the future.

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