2 Stocks That Could Create Lasting Generational Wealth
To build lasting wealth with stocks, you want to look for companies with plenty of room to expand for many years. No matter how the stock performs in the near term, a company that grows its revenue significantly over decades will bring the stock along with it.
On that note, Amazon (NASDAQ: AMZN) and Roblox (NYSE: RBLX) have a lot going for them right now. Amazon still offers significant growth potential because of its leading position in the burgeoning cloud computing market. Meanwhile, Roblox is a popular interactive platform where younger audiences play games and interact with others. Here's more on why these stocks are promising investments over the long term.
A massive selection of goods, fast shipping, and convenience have been hallmarks of the Amazon brand for over 20 years. The stock has been a truly wealth-building investment, but investors should never underestimate the ability of a great business to keep growing. The main reasons to invest in Amazon boil down to its opportunities in e-commerce and cloud services.
Source Fool.com
