These 4 Dow Stocks Can Double Your Money in 7 Years (or Less)
For more than 125 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as a barometer for the health of the U.S. stock market. Comprised of 30 profitable and time-tested companies, the Dow Jones is the perfect example of how buy-and-hold investing can make investors rich.
Over the trailing 50 years, the Dow has averaged an annualized return of about 7.5%. On a compounded basis, this means the Dow Jones Industrial Average is doubling roughly every 10 years.
But investors may not have to wait a full decade to see their initial investment double in value. The following four Dow stocks all have the potential to double investors' money over the next seven years, or perhaps even sooner.
Source Fool.com
