19.10.2024 11:00:00

Investing $10,000 in Each of These 3 Stocks 10 Years Ago Would Have Made You $1.1 Million

To make $1 million in the stock market, you don't need to invest a fortune. But you'll definitely want to take the time to research and find good growth stocks to buy and hold, as they can play an important role in generating life-changing returns for your portfolio.Three growth beasts that have performed incredibly well during the past decade are Advanced Micro Devices (NASDAQ: AMD), Eli Lilly (NYSE: LLY), and Builders FirstSource (NYSE: BLDR). Investing $10,000 into each of these stocks 10 years ago would have been enough to make you a millionaire today. Here's why these stocks have been such great buys, and why it still may not be too late to invest in them.The rapid growth in technology has helped Advanced Micro Devices, also known as AMD, generate much stronger financial returns and earn a much higher valuation. The semiconductor company is often seen as a key rival to Nvidia, but at a market cap of about $270 billion, AMD is less than a tenth of the size. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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