Could MicroStrategy Stock Help You Become a Millionaire?
(NASDAQ: MSTR), a developer of data mining and analytics software, made a lot of investors millionaires shortly after its public debut on June 11, 1998. It went public at a split-adjusted price of $60 per share and eventually skyrocketed to an all-time high of $3,130 during the peak of the dot-com bubble on March 10, 2000.
Today, MicroStrategy's stock only trades at about $480. A $20,000 investment in its initial public offering (IPO) would have blossomed to $1.04 million before shrinking back to $160,000. That pullback is disappointing, but that eight-bagger gain still outperformed the S 500 -- which would have turned the same investment to $140,000 after including reinvested dividends.
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Source Fool.com
Microstrateg.a New Stock
€1,553.0
1.900%
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Microstrateg.a New.
With a target price of 1730 € there is a slightly positive potential of 11.4% for Microstrateg.a New compared to the current price of 1553.0 €.
