2024-05-11 16:01:00 ET
Over the long term, there are fewer tools that investors have that can build wealth quite like the stock market. The S&P 500 , for example, has done a wonderful job of bringing investors financial independence. But some businesses have performed even better than the broader market.
Take Procter & Gamble (NYSE: PG) . In the past 40 years, this consumer staples stock has produced a total return, including dividends, of 14,810%. That means a $10,000 investment would've turned into $1.5 million today.
Let's take a closer look at this company to see if it may be a good addition to your portfolio.
For further details see:
1 Magnificent Stock That Turned $10,000 Into $1.5 Million