2 Potentially Explosive Stocks to Buy in June
Owning just a couple of stocks that post explosive gains can be a life-changing experience for your finances. Take Amazon and Netflix, for example. If you invested in either of these companies early in their publicly traded histories and held on to your shares, you would have enjoyed incredible gains. However, investors didn't even have to get in super early to enjoy life-changing returns with these companies.
E-commerce and streaming video were already fairly well established a decade ago, but many investors correctly saw that these industries still had huge room for growth. If you made a $10,000 investment in Netflix stock 10 years ago, your holdings would now be worth roughly $132,000. That same $10,000 investment in Amazon stock would be worth about $173,000 at today's prices.
Growth-dependent tech stocks are prone to volatile pricing swings, but taking a buy-and-hold approach to quality companies in the space can transform your portfolio's performance. Read on for a look at two companies that could deliver huge returns for risk-tolerant investors.
Source Fool.com
