2 Monster Stocks to Hold for the Next 20 Years
Buying and holding shares of growing companies can help you multiply your savings. While some of the best investments may not yield large gains initially, the effects of compound interest can create monster gains over decades. That said, here are two growth stocks that could deliver monster returns over the next 20 years.Amazon (NASDAQ: AMZN) has grown into a dominant business across e-commerce and cloud computing. It's one of the most valuable companies in the world with a $2.4 trillion market cap, but it still offers attractive long-term return potential.Amazon's cloud computing business generated $11 billion in operating income last quarter, compared to the company's total operating profit of $21 billion. The growing profit contribution from the cloud business has been a major catalyst for the stock's run in recent years. But investors are underestimating the value of Amazon's core retail business, especially as management focuses on reducing fulfillment costs to boost retail margins.Continue reading
Buying and holding shares of growing companies can help you multiply your savings. While some of the best investments may not yield large gains initially, the effects of compound interest can create monster gains over decades. That said, here are two growth stocks that could deliver monster returns over the next 20 years.
Amazon (NASDAQ: AMZN) has grown into a dominant business across e-commerce and cloud computing. It's one of the most valuable companies in the world with a $2.4 trillion market cap, but it still offers attractive long-term return potential.
Amazon's cloud computing business generated $11 billion in operating income last quarter, compared to the company's total operating profit of $21 billion. The growing profit contribution from the cloud business has been a major catalyst for the stock's run in recent years. But investors are underestimating the value of Amazon's core retail business, especially as management focuses on reducing fulfillment costs to boost retail margins.
