Investing in stocks can be a difficult task, especially for investors looking for companies with high growth potential at a reasonable price. If you're interested in companies that have an interesting future ahead of them and could offer attractive returns, here are three stocks worth considering.

Which stocks are they?

MicroStrategy, Micron Technology and HP represent different sectors, but they all have one thing in common - significant potential for future growth. In the following article, we'll look at why these stocks could be attractive choices for your portfolio.

MicroStrategy - Bitcoin as an investment driver

MicroStrategy $MSTR was originally known as a data and analytics software provider, but its strategy has changed dramatically over the past four years. The company has become one of the largest corporate holders of Bitcoin in the world. As of July 2023, it holds over 226,000 Bitcoins, which at the current price of the cryptocurrency represents a significant portion of its market value.

The move has given MicroStrategy a strong position among investors who believe in the future of cryptocurrencies. While its core software business is growing slowly, Bitcoin investments have the potential to yield huge profits if the Bitcoin price rises. While the company's stock may seem expensive, speculating on the growth of cryptocurrencies may justify the price in the long run.

Micron Technology - Advantages in Artificial Intelligence

Micron Technology $MU is one of the world's largest manufacturers of DRAM and NAND memory chips, which are key to technologies such as personal computers, smartphones, and especially servers that support artificial intelligence (AI) applications. While the memory market is cyclical and Micron has seen a decline in sales over the past year due to weaker PC demand, the turnaround has come thanks to the boom in AI and cloud solutions.

In 2024, the company expects significant revenue growth of more than 60% and profit growth, demonstrating its ability to respond to changes in the technology environment. Micron can be a cheap and attractive option for investors who want to take advantage of the growth of AI while not paying exorbitant prices for more popular technology firms.

HP - A stable player in a changing PC market

HP $HPQ is known as one of the leading computer and printer manufacturers in the world. The pandemic brought strong growth to the company as many people upgraded their home technology, but after the pandemic subsided came a drop in demand and with it some problems. Still, HP is an attractive option because of its efforts to streamline costs and focus on new opportunities such as hybrid working models, gaming devices and 3D printing.

Although analysts expect stagnation in the short term, HP is well positioned for further growth. In addition, the company has a stable dividend, which may be appealing to investors looking for regular income, and at the current share price, it offers a relatively attractive appreciation opportunity.

Disclaimer: There is plenty of inspiration to be found on Bulios, but stock selection and portfolio construction is up to you, so always conduct a thorough analysis of your own.

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