Why Buying $1,000 of This AI Growth Stock Could Be a Brilliant Move
You don't have to invest a fortune in order to generate stellar returns over the long term. If you have your financial bases covered and $1,000 comfortably available to invest, taking a buy-and-hold approach with the right stocks could turn that principal amount into a life-changing sum.
Consider that Amazon first crossed the $50 billion valuation threshold in 2009. Today, the company has a market capitalization of approximately $1.2 trillion. That means $1,000 invested in the stock on that landmark day back in 2009 would now be worth roughly $24,000.
For an even more explosive example, take a look at Nvidia's stock trajectory over the last decade.
Source Fool.com
