Got $1,000? 3 Growth Stocks to Buy That Could Double Your Money.
Even a relatively small amount of money can grow a lot if it's invested in the right stocks. Some stocks could require significantly less time for that growth than others.
I think a few alternatives especially stand out right now. If you have $1,000, here are three growth stocks to buy that could double your money.
All of the hype about artificial intelligence has caused the valuations of some AI stocks to become quite frothy. That isn't the case for Alibaba Group Holding (NYSE: BABA), though. Its shares currently trade at only 10 times forward earnings.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
The stock is one of the favorites of our community with 41 Buy predictions and 2 Sell predictions.
With a target price of 109 € there is a positive potential of 49.32% for Alibaba Group Holding Ltd ADR compared to the current price of 73.0 €.