SQ - Got $1000? 2 Top Growth Stocks to Buy That Could Double Your Money
2024-03-22 03:30:00 ET
Some investors may think that an amount like $1,000 is too small to earn significant returns. However, that is not necessarily the case. A $1,000 investment in Home Depot 's 1981 IPO would be worth more than $18 million today, not counting dividend income. That is not to say investors should expect such returns, but it shows that a small investment is not necessarily an impediment to massive gains when held over time.
Moreover, even with indexes at record highs, some stocks have struggled to return to growth.
Still, some of these stocks have pledged to return to core strengths, which should revive investor interest. While investors may need to exercise patience, shares of Sea Limited (NYSE: SE) and Block (NYSE: SQ) stand a good chance of producing triple-digit returns from current levels.
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Got $1,000? 2 Top Growth Stocks to Buy That Could Double Your Money