3 Stocks That Could Possibly Turn $10,000 Into $50,000 by 2025
Turning $10,000 into $50,000 by 2025 -- which is only two years away -- is a tall order. Is any particular stock guaranteed to grow in value like that? Not at all. But some will do so. Meanwhile, many stocks that don't quintuple in value in two years may very well quintuple over the next decade or two. And that's pretty good, too.
To quintuple in two years, a stock would need an average annual growth rate of about 124% -- when the overall stock market's average annual gain over many decades is close to 10%. Quintupling in a decade still trounces the market's average, as it involves growing by about 17.5% annually.
So to be clear, I'm not saying that these three stocks are definitely going to take $10,000 and turn it into $50,000. In my view, they could potentially quintuple in two years, and are more likely to do so given more time. It's much more likely that their share prices will rise at a brisk but lower rate, which can still reward shareholders well.
Source Fool.com
