2 Stocks That Could Double Your Money in 5 Years
In the investing world, a two-bagger refers to a stock that gains 100% -- that is, it doubles your initial capital. Doing so in a mere five years is no easy feat. It requires a compound annual growth rate (CAGR) of about 14.9% -- which, incidentally, is pretty much what the S&P 500 has posted in the past half-decade.
However, this has been an unusual period; the broader market's average annual return is usually below that level. So returns of this type are by no means a guarantee. But if I had to bet on two stocks doubling my money in the next five years, Shopify (NYSE: SHOP) and Axsome Therapeutics (NASDAQ: AXSM) would be on that list. Read on to find out why.
Source Fool.com
Shopify Inc Aktie
Leichte Community-Bevorzugung: Shopify Inc mit mehr Buy- als Sell-Einschätzungen.
Ein prognostiziertes Kursziel von 75 € für Shopify Inc zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 55.77 €.