3 Stocks That Can Turn $1,000 Into $2,000 by 2027
With soaring inflation pinching consumer wallets in recent months, the Federal Reserve is making an all-out effort to slow rising prices across the economy. But the plan to hike interest rates is causing some experts to warn of an upcoming recession. And this situation might leave investors on the sidelines for now.
It has certainly been a difficult market environment this year, but for long-term investors now may also be a great time to invest. Here are three fantastic businesses that have a high chance of turning a $1,000 investment into $2,000 by 2027.
Known for selling popular foam clog shoes, Crocs (NASDAQ: CROX) was a surprise beneficiary throughout the pandemic as consumers turned to affordable and comfortable apparel items. Revenue in 2021 jumped 66.9% year over year.
Source Fool.com
