Take Shiba Inu (CRYPTO: SHIB), for example. Here are three unstoppable stocks that are better buys than Shiba Inu. Real-world utility, or the lack thereof, is arguably the biggest knock against Shiba Inu.
Simply put, many investors fear that a significant run-up in a stock price likely means they've already missed out on their best chance to realize sizable gains from that stock and simply move on. Unfortunately, considering a stock's price gains in a vacuum, rather than considering where it can go from here, may be one of the biggest mistakes an investor can make, causing them to miss out on potentially game-changing opportunities.
If you buy stakes in strong companies with sustainable competitive advantages and give those positions some time to grow, even relatively modest investments can turn into much larger sums. For Amazon (NASDAQ: AMZN), the answer was with a pioneering push into the world of cloud services that ultimately paved way for much of the modern internet as we know it. From there, the company has used its development strengths and vast resources to build a fast-growing digital advertising business.