1 Stock That Turned $1,000 Into More Than $800,000

There isn't a better tool available to the average person when it comes to building lasting wealth than the stock market. Over many years and decades, what seems like a small sum of cash can turn into a massive capital base.

If we look back at history, we'll see that some industry-leading firms have rewarded investors in a profound way. (NYSE: NKE), the sports apparel and footwear juggernaut, has done just that. Since its initial public offering in late 1980, shares have produced a total return of about 80,000%, turning a $1,000 investment into more than $800,000 today.

Let's look back at what helped get Nike to this point before considering if the consumer discretionary stock is a worthy buy for prospective investors.

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Source Fool.com