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2 Stocks That Turned $1,000 Into $9,000 (or More)

TheMotleyFool

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2 Stocks That Turned $1,000 Into $9,000 (or More): https://g.foolcdn.com/editorial/images/699060/person-getting-a-package-in-the-mail.jpg

Finding stocks that can produce massive returns is the goal of every investor. However, pinpointing which ones can do it consistently over many years is even more lucrative. Not only are these stocks fun to tell your friends about (and maybe a humble brag), but they can boost your portfolio's performance.

These two stocks that turned $1,000 into at least $9,000 didn't do it over 30 years -- they did it in a decade. Admittedly, that kind of performance is rare, but it's exactly what Amazon (NASDAQ: AMZN) (up 902%) and MercadoLibre (NASDAQ: MELI) (up 1010%) did from Sept. 8, 2012, to Sept. 8, 2022.

Source Fool.com

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