DOCS - 3 Stocks That Could Turn $200000 Into $1 Million by 2032
Turning $200,000 into $1 million in just 10 years is no easy task, and it requires investments that can handily beat the market over that period. The Nasdaq Composite Index has returned 344% over the past decade, yet even that wouldn't have expanded your money by five times.
Beating the market isn't a given, but it isn't impossible either. Finding high-quality stocks with durable competitive advantages that are growing their revenue and free cash flow rapidly can help you on this journey. Holding these companies for a long time can also potentially result in market-thumping returns. Given this, I think Twilio (NYSE: TWLO) , Doximity (NYSE: DOCS) , and SEMrush (NYSE: SEMR) could help you turn $200,000 into $1 million over the next decade.
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3 Stocks That Could Turn $200,000 Into $1 Million by 2032