2 Stocks That Turned $1,000 Into More Than $8,000 in 10 Years to Buy and Hold
The average stock market return over the past few decades (without accounting for inflation) is around 10%. That makes broader equities highly competitive compared to other asset classes, especially since investors can do better than standard returns. The key is to invest in companies with market-beating potential. Even though past success is no guarantee of the future, it is often helpful to start by looking at companies with a history of performing better than the market.Image source: Getty Images.Two examples are Intuitive Surgical (NASDAQ: ISRG) and Veeva Systems (NYSE: VEEV). These companies have produced the kinds of returns in the past decade that turned an initial investment of $1,000 into well over $8,000. Here is why they can still beat the market.Continue reading
The average stock market return over the past few decades (without accounting for inflation) is around 10%. That makes broader equities highly competitive compared to other asset classes, especially since investors can do better than standard returns. The key is to invest in companies with market-beating potential. Even though past success is no guarantee of the future, it is often helpful to start by looking at companies with a history of performing better than the market.
Image source: Getty Images.
Two examples are Intuitive Surgical (NASDAQ: ISRG) and Veeva Systems (NYSE: VEEV). These companies have produced the kinds of returns in the past decade that turned an initial investment of $1,000 into well over $8,000. Here is why they can still beat the market.
