3 Stocks That Turned $3,000 Into $7,300 or More So Far in 2017
If you have just $3,000 to invest, that's a good foundation upon which to start building your portfolio. But resist the urge to bet it all on just one stock. Diversifying your holdings, even when you don't have a lot to invest yet, is a good strategy for a number of reasons, and one is that it improves your odds of picking a stock that delivers multibagger returns.
Speaking of multibaggers, Square (NYSE: SQ), Kemet (NYSE: KEM), and Dynavax Technologies (NASDAQ: DVAX) have each more than doubled in value thus far in 2017. Let's take a look at why.
Image source: Square.
Source: Fool.com
Dynavax Technologies Corp Stock
Currently there is a rather positive sentiment for Dynavax Technologies Corp with 3 Buy predictions and 0 Sell predictions.
With a target price of 27 € there is potential for a 152.57% increase which would mean more than doubling the current price of 10.69 € for Dynavax Technologies Corp.