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3 Stocks That Could Double Your Money


3 Stocks That Could Double Your Money

Just about any investor can double their money if they pick well-run companies -- or even a basket of companies -- and wait. An investment strategy as simple as buying an S&P 500 index fund and reinvesting the dividends has been a money-doubling bet over the past five years. Or, had you purchased shares of Amazon.com 18 months ago, you would be sitting on a double as well. If you have patience, doubling your money can be relatively easy.

Doubling your money in a relatively short time is much tougher. It typically involves investing in younger, less established companies that have lots of growth potential but could give a lot of ground if a few things don't swing their way. There are, though, some stocks that look like they have a double in them over a relatively short time frame, and three of our investing contributors think Spark Therapeutics (NASDAQ: ONCE), Tractor Supply (NASDAQ: TSCO), and American Tower (NYSE: AMT) fit the bill. 

Image source: Getty Images.

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Source: Fool.com

American Tower Corp. Aktie

203,60 €
-1,45 %
Die American Tower Corp. Aktie notiert heute tiefer, mit einem Rückgang von -1,45 %.
Eine Reihe von Buy-Einschätzungen für American Tower Corp., keine Sell-Einschätzungen in Sicht.
Das Kursziel von 211 € für American Tower Corp. weist auf ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 203.6 € hin.
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