Here's the Top Micro-Cap Stock on My Radar Now

Source The Motley Fool

Nextdoor (NYSE: KIND) isn't exactly the most widely followed social media stock, but far too many investors are ignoring this business. Not only is Nextdoor on the cusp of turning profitable, but it also has a stellar balance sheet and massive growth potential. If its founder-CEO can continue to move the business in the right direction, this sub-$1 billion stock could be a big winner.

*Stock prices used were the morning prices of Nov. 13, 2024. The video was published on Nov. 14, 2024.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $22,819!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $42,611!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $444,355!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of November 11, 2024

Matt Frankel has positions in Nextdoor. The Motley Fool recommends Nextdoor. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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