3 Stocks That Could Triple by 2030
Last year, U.S. equities witnessed the shortest bear market ever. It was just 33 days and ended March 23, 2020. Subsequently, U.S. equities started rallying and entered the bull phase, which has now extended for over 16 months. The benchmark S&P 500 has almost doubled since then. With U.S. stocks setting new record highs driven by solid second-quarter corporate results, there seems to be no immediate end to the hot streak.
Understandably, some analysts and investors now fear that the market is in a bubble phase and may soon crash. However, in the stock market, it is not "when to invest " but the duration of investment that results in solid returns. Historically, long-term investing in high-quality stocks with competitive advantages has proved to be a successful investment strategy.
If you have some additional cash not required to pay bills, then I believe that investing in these stocks can almost triple your initial investment by 2030.
Source Fool.com
