2 Top Stocks That Could Double Your Money in 5 Years
The stock market has historically delivered an average annual return of about 10% going back decades. To double your money in five years, you need a 15% annualized return. It can be easier to achieve than you think. To hit that rate of return, investors should focus on exceptional businesses that can maintain above-average growth for several years.Here are two elite growth stocks that can do it.Artificial intelligence (AI) has had a positive impact on Meta Platforms' (NASDAQ: META) leading social media platforms like Facebook and Instagram. The company has delivered impressive financial results, but despite the stock soaring over the last few years, it still trades at a reasonable valuation that could support more upside.Continue reading
The stock market has historically delivered an average annual return of about 10% going back decades. To double your money in five years, you need a 15% annualized return. It can be easier to achieve than you think. To hit that rate of return, investors should focus on exceptional businesses that can maintain above-average growth for several years.
Here are two elite growth stocks that can do it.
Artificial intelligence (AI) has had a positive impact on Meta Platforms' (NASDAQ: META) leading social media platforms like Facebook and Instagram. The company has delivered impressive financial results, but despite the stock soaring over the last few years, it still trades at a reasonable valuation that could support more upside.
