1 Stock That Turned $10,000 Into $70,000
This might sound obvious, but the primary goal of putting money to work in the stock market is to turn a sum of money into a much larger pool of capital. While the S 500 has done a great job at this historically, some individual stocks have fared better.
Look at Lululemon Athletica (NASDAQ: LULU). In the past decade, shares have soared about 600%, turning $10,000 into $70,000 today. This is even with the apparel stock currently trading 39% below its all-time high, which was established in December 2023.
I believe it's a good idea to look at Lululemon's past success before figuring out if the company makes for a smart buying opportunity today.
Source Fool.com
Lululemon Athletica Inc. Aktie
235,55 €
-2,18 %
Die Lululemon Athletica Inc. Aktie ist leicht im Trend: Mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 444 € für Lululemon Athletica Inc. würde eine Steigerung von mehr als 50% gegenüber dem aktuellen Kurs von 235.55 € bedeuten.
