NU - Looking to Double Your Money? Start With These 3 Hot Growth Stocks.
2024-05-29 05:24:00 ET
There are plenty of investors out there dreaming of hitting a home run with stocks in their portfolio (in this case a home run is defined as a stock that doubles or more after buying shares) and doing so in less time than the market average. The broader market averages an annualized return of roughly 10% over time, which means doubling your money would take roughly seven years on average.
These "home run" investment opportunities are hard to find, but they are out there and don't require investors to take overly bold risks. Three Motley Fool contributors were asked to offer up suggestions on potential home run growth stocks and landed on Meta Platforms (NASDAQ: META) , Nu Holdings (NYSE: NU) , and SentinelOne (NYSE: S) . All three have 100% investment upside moving forward.
Here is what you need to know about each.
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Looking to Double Your Money? Start With These 3 Hot Growth Stocks.