3 Stocks Than Can Turn $10,000 Into $50,000 by 2025
It's hard to imagine any stock gaining 500% over the next three years when investors are still reeling from the market's 20% slump as we close out 2022. But a lot can happen in that amount of time, especially if a bull market breaks out again. And a few good stocks could potentially manage such an exceptional gain.
Consider global e-commerce solution provider Global-e Online (NASDAQ: GLBE), which is down 68% from its high of nearly $80 last year. To get back to that price, it would need to gain around 250% from its current price of $20. That sounds like a lot, but it was just there last year, which makes it sound at least potentially attainable. Some stocks that fall so much never go back to those kinds of highs, but there's reason to believe Global-e can get there, especially in a bull market.
By the end of 2025, it's a distinct possibility that Global-e could gain double that amount, especially considering how fast it's growing in this down economy. Dutch Bros (NYSE: BROS) and MercadoLibre (NASDAQ: MELI) are two other stocks that could potentially turn $10,000 into $50,000 by 2025. Let's take a closer look at all three stocks.
Source Fool.com
