Taking a buy-and-hold approach to great stocks can be a path to life-changing returns. To demonstrate the power of long-term investing, two Motley Fool contributors have profiled companies that turned even modest investments into incredible sums.

Read on for a look at two stocks that could have turned a $1,000 investment into a huge cash pile if you had bought them at their initial public offering (IPO) and held on through the years.

Keith Noonan: (NASDAQ: TSLA) spearheaded the electric vehicle (EV) market. The company, led by CEO Elon Musk, has grown at an astounding pace and delivered incredible returns for investors who bought the stock at opportune times and sat back as the business served up wins.

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Source Fool.com