SHOP - 2 Stocks That Could Be Easy Wealth Builders
2023-10-12 10:00:00 ET
Finding long-term market winners is not that complicated. The companies that deliver wealth-building gains over many years have a record of high rates of revenue growth, which is validated by rising stock prices. The only cost for an investor is patience and tolerating the occasional market dips along the way.
Here are two businesses I'd like to discuss that can bring life-changing returns to your retirement account.
Like many growth stocks, Shopify (NYSE: SHOP) stock experienced a sharp correction in 2022, but the stock has quickly bounced back, up 54% this year, as merchants continue to lean on the company's leading e-commerce solutions. The share price has returned 2,000% since its initial public offering (IPO) in 2015. The company's double-digit annual growth and stock performance is pointing investors to a massive long-term opportunity.
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2 Stocks That Could Be Easy Wealth Builders