I purchased Drone Delivery Canada Corp (FLT) back when it was $1.13 per share, but I suspect it will be worth a lot more by 2030 or 2040.
Drone Delivery Canada Corp is a tech / software company that makes drone delivery software and drones, and I foresee that this is the way of the future.
Just looking at their stock valuation, which was $0.14 per share back in July 2016 versus now when it is hovering around $1.36 or $1.37 per share, and you see that upward trend going on. When major delivery companies switch over to automated drones to make deliveries, cutting out most of their delivery staff, that is when I expect this stock to skyrocket.
Most packages are quite small and using drones to deliver the packages saves on fuel and personnel costs, and electricity and drones are relatively cheap.
Furthermore, Drone Delivery Canada Corp is already a $300 million company. I fully expect it will be worth over a billion in less than 5 years. Several billion by 2030.
You will note that the value of Drone Delivery Canada Corp has gone through two plateaus, but this doesn't worry me. I bought the stock when it was relatively cheap, and I would be quite happy to hold onto this stock until it is worth $50 per share - which I am confident it will eventually reach, although it might take 20 or 25 years to reach it.
At some point I might even buy more of FLT stock, but only after I have developed a well rounded portfolio of various diverse stocks.
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