These 2 Stocks Could Triple Your Money Over the Next Decade
The S&P 500 has had an annualized return of 10.9% per year over the past 50 years or so. When you factor in inflation, that annualized real return drops to about 6.8%. At that rate, the market doubles in value every decade or so. While those results are impressive (even more impressive is the S&P 500's 12% annualized real return in the past decade), I believe there are two companies currently trading that could perform even better than any of these averages over the next decade.
Both fuboTV (NYSE: FUBO) and Snowflake (NYSE: SNOW) have become major disruptors in their industries, and both companies' products have already begun to see rapid adoption. Here's why I think fuboTV and Snowflake could provide amazing returns over the next decade. Let's see if these two companies have what it takes to triple your investment.
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Source Fool.com
