Three High-Risk Stocks with Potential for Big Gains in 2024\n\nAfter a year of market volatility and uncertainty, now may be the perfect time for investors to take a calculated risk and invest in high-risk, high-reward stocks. While these stocks come with inherent risks, they also offer the potential for significant gains if things go right. \n\nLuminar Technologies (NASDAQ:LAZR) is a lidar technology company that specializes in autonomous vehicles. A rough year for the EV sector, Luminar’s long-term growth story remains compelling. With superior lidar technology and major partnerships with top automakers, Luminar is well-positioned to capitalize on the growing demand for advanced driver assistance systems. While near-term headwinds may persist, Luminar’s current valuation presents a compelling opportunity for investors.\n\nTerran Orbital Corporation (NYSE:LLAP) is a small satellite manufacturer that has faced turbulence since going public. The company’s multi-billion dollar backlog and growing pipeline of opportunities suggest a bright future. With a recent deal for Lockheed’s Space Development Agency project and a backlog of over $2.6 billion, Terran Orbital is well-positioned for long-term growth. \n\nHive Blockchain Technologies (NASDAQ:HIVE) is a cryptocurrency miner that has been under pressure in recent months. I believe the company’s long-term growth story remains intact. Hive mines Ethereum, Ethereum Classic, and Bitcoin. The company’s operations are powered by green energy, which is a major differentiator in the crypto mining space. Additionally, Hive has been expanding its operations aggressively. It recently acquired a massive data center in Canada, which will increase its mining capacity by 50%. The company also has plans to expand into the United States and Europe. The recent pullback in crypto prices, I believe Hive is well-positioned for long-term success. As the market for cryptocurrencies continues to grow, so will the demand for mining operations. And with its focus on sustainability, Hive could attract environmentally-conscious investors. In addition, the company’s expansion plans could lead to increased revenue and profitability in the future. \n\n While these stocks come with inherent risks, they also offer the potential for significant gains in the future.