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.

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Source Fool.com