Investors love to read about a shareholder who bought around $3,000 worth of a stock and became a millionaire. A few fortunate and patient investors accomplished this feat through Home Depot, , and others.

To that end, investors who want to find the next Home Depot or Tesla early should be looking for companies that grow by creating new business lines or upstaging existing industries. It is next to impossible to predict such a move with certainty, and even the most promising growth stories can get derailed.

Nonetheless, stocks with low nominal prices like Palantir (NYSE: PLTR), SoFi (NASDAQ: SOFI), and Upstart (NASDAQ: UPST) hold such potential, offering low share prices well suited for those with a budget of $3,000.

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Source Fool.com