3 Stocks That Turned $10,000 Into $100,000 (or More)
The legendary 10-bagger -- a stock that delivers 10 times the return on its purchase price -- remains a fairly rare event in modern markets. And the pandemic drove instability across many different industries, with deep plunges in some sectors and others seeing new interest and investment due to their offerings.
These three companies experienced new highs since the beginning of the global pandemic, making an investment in the last decade truly pay off -- at least, to a certain point. $10,000 invested in Apple (NASDAQ: AAPL) in early 2013 delivered 10-bagger results at recent highs. Likewise, a $10,000 investment in Netflix (NASDAQ: NFLX) shares in mid-2014 at less than $70 soared to over $700 by late 2021. Roku (NASDAQ: ROKU) also saw new highs with its shares hitting $400 versus the $40 they sold for at the end of 2018.
However, what goes up also sometimes goes down -- as it did for two of these stocks. Let's take a closer look at all three -- and see what could be in store for their shares from here.
Source Fool.com
