Prediction: Here's 1 S&P 500 Stock That Can Double Your Money in 5 Years
Historically, the S&P 500 index has produced an annualized return of about 10%. But in the past five years, the gains have been supercharged, translating to a roughly 15% yearly return. It's reasonable to expect a reversion to the mean at some point.
But investors still have the potential to achieve huge returns by focusing on the right businesses to buy. In fact, there's one beaten-down stock, which currently trades 57% below its all-time high, that I believe can double your money over the next five years.
Source Fool.com
