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These Stocks Turned $100,000 Into $1 Million, and They Could Do It Again

TheMotleyFool

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These Stocks Turned $100,000 Into $1 Million, and They Could Do It Again

Assuming that you had $100,000 to invest a decade ago and decided to split that money equally between shares of ASML Holding (NASDAQ: ASML) and Applied Materials (NASDAQ: AMAT), you would have easily been a millionaire by now thanks to their massive gains.

Shares of these semiconductor stocks have crushed the broader market over the past 10 years, with ASML alone turning a $50,000 investment in 2011 into $945,000 now. Applied Materials has also been a terrific buy, as $50,000 invested in the stock a decade ago would now be worth $610,000.