3 Stocks to Double Your Returns in the Next 5 Years
It's not always easy to see the differences between a value stock and a growth stock. Often a single stock will exhibit the characteristics of both: a beaten-down stock whose business can still whip the market indexes.
With the economy bounding back strongly into bull mode, it's not uncommon to see previously battered businesses now posting gains in the double- and triple-digit percentages. But a lot of that is just getting them back to even. We want stocks that can go the distance, not just quickly flame out.
That's why Wall Street thinks the following three stocks have stamina. They're expected to steadily grow their earnings at over 30% annually for the next five years, meaning profits will double in less than five years time. As earnings tend to drive stock prices, these three companies have the potential to be even bigger winners within the next five years.
Source Fool.com
