2 Growth Stocks That Could Make You Rich
It's easy to overlook the importance of management when weighing a potential investment. But when passion drives someone to start a business, that energy and enthusiasm tends to pervade the corporate culture. More to the point, those stocks tend to outperform the market.
Research from Fidelity Investments indicates that founder-led stocks generated a 10.5% annualized return between May 2007 and January 2019, topping the 8% return of the broader Russell 3000 Index.
With that in mind, Cloudflare (NYSE: NET) and CrowdStrike Holdings (NASDAQ: CRWD) have founder CEOs, and both growth stocks look like smart long-term investments that could make you rich. Here's why.
Source Fool.com
