3 Stocks That Turned $1,000 Into at Least $2,017 in 12 Months
Although there is some truth in the saying that it takes money to make money, that doesn't mean investors can't start small and reap big rewards. With little more than $1,000 in your account, you can turn what seems to be a tiny grubstake into a weighty retirement nest egg.
Let's look at three stocks that turned a $1,000 investment into at least $2,000 and as much as $4,100 in one year. According to Morningstar, RH (NYSE: RH), Vivant Solar (NYSE: VSLR), and Calithera Biosciences (NASDAQ: CALA) had total returns in the past year that would have at least doubled an investor's money. But that doesn't mean you should invest blindly in these stocks, or any for that matter, as sometimes the markets can be wrong.
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Source: Fool.com
Bristol-Myers Squibb Stock
Currently there is a rather positive sentiment for Bristol-Myers Squibb with 11 Buy predictions and 3 Sell predictions.
As a result the target price of 67 € shows a very positive potential of 79.6% compared to the current price of 37.31 € for Bristol-Myers Squibb.
