2 Stocks That Turned $10,000 Into $400,000 or More
You might be surprised to learn that investing in the "next big thing" is not the only way to get rich, nor is it the most guaranteed way to do it. Stocks that pay high dividends and have strong growth potential can produce some surprising returns over long periods of time.
Real estate investment trusts, or REITs, in particular have the potential to generate millionaire-making returns, thanks to their favorable tax treatment and total-return investment strategy, designed for both income and capital appreciation. While most REITs have not yet been around for decades, two that have been traded for more than 30 years are Public Storage (NYSE: PSA) and Welltower (NYSE: HCN). And it may surprise you to learn that if you had invested $10,000 in each of these stocks three decades ago, you'd be a millionaire today.
Company
Source: Fool.com
Public Storage Stock
We see a rather positive sentiment for Public Storage with 13 Buy predictions and 1 Sell predictions.
As a result the target price of 297 € shows a slightly positive potential of 2.7% compared to the current price of 289.2 € for Public Storage.
