2024-04-25 10:00:00 ET
The stock market is the best tool available to most people when it comes to building lasting wealth. In the past two decades, the S&P 500 returned 546%, including dividends. That gain is hard to dismiss.
Unsurprisingly, some individual businesses have fared much better. Take Netflix (NASDAQ: NFLX) . The streaming stock might be one of the best-performing in recent times. It has skyrocketed 46,000% since its initial public offering in 2002, turning a $10,000 initial investment into $4.6 million today.
Let's look at Netflix's rise over the past couple decades before figuring out if the stock makes for a smart buying opportunity today.
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1 Incredible Stock That Turned $10,000 Into $4.6 Million