Stock Market Correction: Buy These 2 Stocks to Help You Retire Rich
GitLab (NASDAQ: GTLB) and Advanced Micro Devices (NASDAQ: AMD) are two growth stocks that reported strong momentum in their first-quarter results this year. Both stocks have been hit hard by the market sell-off, but these companies have a long runway of growth ahead and should be great investments.
While these stocks have big return potential, new investors should keep in mind that all it takes to get rich in the stock market is time, persistence, and patience. If you simply added $1,000 a month to a diversified portfolio of well-chosen stocks, you could easily accumulate savings worth $2.2 million after 30 years. That's just earning the historical average market return of 10% per year.
That said, GitLab and AMD are doing some cool things in the world of software and semiconductors that could keep your average return pacing toward early retirement.
Source Fool.com
