DXCM - 2 Stocks That Turned $40000 Into $1 Million in 10 Years
2023-04-13 09:45:00 ET
Growth-oriented businesses can make for great investments because they are always reinvesting back into their operations. And if the businesses focus on areas of the economy that are continuing to grow, that can lead to some incredible returns.
Two stocks that have turned $40,000 investments into more than $1 million over the past decade are DexCom (NASDAQ: DXCM) and Tesla (NASDAQ: TSLA) . Here's a look at why they have done so well and whether they can still be good buys moving forward.
Diabetes is a growing concern for the healthcare industry as the disease is related to many other health problems. And while 28.7 million people have been diagnosed with diabetes in the U.S., according to data from the Centers for Disease Control and Prevention (CDC), there's another 8.5 million people that it estimates are undiagnosed. An estimated 38% of the adult U.S. population has pre-diabetes, which in many cases will end up resulting in diabetes.
For further details see:
2 Stocks That Turned $40,000 Into $1 Million in 10 Years