2 Magnificent Stocks That Have Created Many Millionaires, and Will Continue to Make More
The Nasdaq Composite index has climbed about 118% over the last five years despite the COVID-19 pandemic and an economic downturn in 2022. The figure illustrates how lucrative investing in certain companies and holding even amid poor market conditions can be.
Consequently, it's not a bad idea to invest in some of the Nasdaq Composite's most prominent players with plans to hold over many years. As the world's second and sixth most valuable companies, (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) are two attractive options.
These companies dominate their respective industries and have created many millionaires over the years, with Apple's stock up 319% since 2019 and Amazon's up 96%. Meanwhile, Apple and Amazon have some exciting developments in the pipeline that could deliver major gains in the coming years.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 149 Buy predictions and 17 Sell predictions.
As a result the target price of 224 € shows a slightly positive potential of 12.78% compared to the current price of 198.62 € for Apple Inc..
