2 Spectacular Growth Stocks That Could Turn $250,000 Into $1 Million by 2033
Nobody can reliably predict where the stock market will trade next week, next month, or even next year. All history can tell us for sure is that over the long term, key indexes like the S 500 and Nasdaq-100 make their way to new all-time highs.
Therefore, the best way to increase the probability of generating a positive return is by investing with a time horizon of five years or more. Buying an index fund is a great way to track the performance of the broader market over that time frame; this is often called passive investing. But for investors with a higher risk appetite, picking individual stocks can sometimes deliver far greater returns (and more risk, of course).
Here are two companies currently growing their sales fast enough to turn a $250,000 investment into $1 million over the next 10 years. But don't be put off by those large numbers -- investors of all experience levels can buy these two stocks and earn a potential fourfold return by 2033.
Source Fool.com
