MEDP - Want $1 Million in Retirement? Invest $200000 in These 3 Stocks and Wait a Decade
2023-03-11 08:45:00 ET
Whether you're growing from $200,000 to $1 million or hoping to take $20,000 to $100,000 over a period of 10 years, you'll need an average 17.5% annual return.
While this would amount to market-beating returns, all three companies below have market capitalizations below $7 billion and are still in the early chapters of their long-term growth stories.
Growing revenue between 27% and 57% over the last 12 months, Doximity (NYSE: DOCS) , Medpace (NASDAQ: MEDP) , and Progyny (NASDAQ: PGNY) look poised to meet this 17.5% annual return threshold. This is especially true considering that each company has carved out a unique niche in healthcare verticals that should only grow over the long haul.
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Want $1 Million in Retirement? Invest $200,000 in These 3 Stocks and Wait a Decade