Want to Beat Wall Street? Buy and Hold This Growth Stock
It can be hard for casual investors to earn market-beating returns. Because the broad market has returned almost 10% a year over time, it often takes a well-diversified portfolio and lots of patience.
But one good way to tip the odds in your favor is to look for growing companies that have a strong moat, lots of cash, and effective management. Even if only one of your growth picks ends up becoming a massive winner, it can more than make up for a big decliner -- after all you can only lose the money you invest, but finding a great company early in its lifespan can earn you many times that amount. My choice for a young winner that can help you beat Wall Street is Upstart Holdings (NASDAQ: UPST).
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Source Fool.com
