Got $5,000? 3 Top Growth Stocks to Buy That Could Double Your Money
If you've got some cash lying around, putting it in the market is a smart idea if you don't need it for the next three to five years. Giving a stock the right time frame to compound allows it to ride out market swings and potentially double your initial investment.
Three stocks I believe can double your money within that time period are The Trade Desk (NASDAQ: TTD), Mercado Libre (NASDAQ: MELI), and Snowflake (NYSE: SNOW). Each operates in the tech sector and has strong growth prospects ahead. With $5,000, an investor can buy a few shares of each and watch them compound over the next three to five years.
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Source Fool.com
