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1 Stock That Turned $1,000 Into $30 Million

TheMotleyFool

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1 Stock That Turned $1,000 Into $30 Million: https://g.foolcdn.com/editorial/images/772566/contractor-renovation-project.jpg

Investing in the stock market is one of the best ways that people can grow their wealth. Over many decades, the results that the S&P 500 can produce can be truly extraordinary.

But there is one business in particular that has absolutely crushed it for investors, much more than the overall market. Since its initial public offering in 1981, this top retail stock has generated a total return of 3,000,000%, which would have turned a $1,000 investment into an astonishing $30 million today. That's an incredible gain.

Continue reading to learn what company I'm talking about, its ascent over the years, and whether it's a smart investment to make today.

Source Fool.com

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