3 Stocks That Could Double Your Money
Many businesses have suffered a pandemic-induced downturn, but a select few have managed to overcome the odds and post continued growth despite the challenges. Internet- and cloud-based businesses such as e-commerce and social media have managed to remain relatively insulated from the economic malaise, while some have even thrived because of the acceleration in digital adoption as more people telecommute and study from home.
Then there are businesses whose reputation and scale have made them resilient against a fall in demand. These companies can hold their own, as they provide a diversified portfolio of products that cater to myriad needs. Investors who park their money in companies with these attributes stand a good chance of not just preserving their wealth during downturns but also growing it over the long term.
Here are three companies that have a good chance of doubling your money and more.
Source Fool.com
