ORLY - 1 Unstoppable Stock That Turned $10000 Into $75000 in the Last 10 Years: Time to Buy?
2024-04-21 14:05:00 ET
In the past decade, the S&P 500 and the Nasdaq Composite index have produced total returns, including dividends, of 225% and 323%, respectively. These gains prove that investing in the stock market is a fantastic way of building wealth.
Unsurprisingly, some companies have fared much better. Your mind might immediately go to the dominant " Magnificent Seven " stocks, which is understandable.
But it might shock you to learn that O'Reilly Automotive (NASDAQ: ORLY) , a leading aftermarket auto parts retailer, has seen its shares skyrocket 657% in the past 10 years, turning a $10,000 investment into more than $75,000 today (as of April 17). Should you hop on the bandwagon and buy this winning stock?
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1 Unstoppable Stock That Turned $10,000 Into $75,000 in the Last 10 Years: Time to Buy?