NVDA - 3 Nasdaq Stocks That Have Generated 10x Returns in 10 Years
2023-06-08 08:42:00 ET
The Nasdaq is home to many of the best growth stocks in the world. Some of them have generated life-changing returns for investors, including Apple (NASDAQ: AAPL) , Nvidia (NASDAQ: NVDA) , and Idexx Laboratories (NASDAQ: IDXX) . These stocks have all been 10-baggers over the past decade. Here's a closer look at these companies and whether they are still excellent investments today.
In 10 years, shares of tech giant Apple have risen by more than 1,000%. If you'd invested only $10,000 in June 2013, it would be worth around $113,600 today. And that's investing at a time when Apple was already a big tech company known for its iPhones and growing ecosystem. Today, the company has a variety of different services, including music, streaming, books, news, and many others.
Apple hasn't run out of ideas to grow, either. This month it unveiled Vision Pro, the company's augmented reality headset. Healthcare is another potential area of long-term growth for the business, as there have been rumors the company could be adding a blood glucose monitor on a future iteration of its Apple Watch.
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3 Nasdaq Stocks That Have Generated 10x Returns in 10 Years