3 Stocks That Could Be Easy Wealth Builders
Contrary to a common assumption, making big investment gains doesn't necessarily require constant monitoring of your portfolio or taking on extreme risks. Scaling back your risk and dialing back your trading activity, in fact, could actually improve your overall performance. The key is simply finding the right buy-and-hold stocks and actually holding on to them long enough to let time do most of the work.
Here's a rundown of three stocks that not only offer above-average wealth-building potential, but are easy to own without frequent check-ins on how they're doing or the rhetoric surrounding them.
Still priced at more than 60 times this year's expected per-share earnings of $1.47 despite the stock's 26% pullback from its February peak, (NASDAQ: SHOP) could be an intimidating name to step into here.
Source Fool.com
Shopify Inc Stock
Currently there is a rather positive sentiment for Shopify Inc with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 145 € shows a slightly positive potential of 3.94% compared to the current price of 139.5 € for Shopify Inc.
