Want $1 Million in Retirement? Invest $100,000 in These 3 Stocks and Wait a Decade
It's been a tough market for technology and growth investors over the past several months. Weak companies can sometimes get traded to absurd valuations and get flushed out when the music stops. However, the market tends to overreact, leading to some deals on great stocks.
It's a wonderful time to be shopping for high-quality companies with track records of success. If you're looking to build a nest egg to $1 million or more, these three stocks have solid fundamentals and growth opportunities to double or triple their current value over the next decade.
Etsy (NASDAQ: ETSY) is an e-commerce marketplace where people can buy and sell unique homemade items. Items on Etsy are typically not mass-produced, which makes it hard for big-box competitors to threaten Etsy's business. Masks became a sensation on Etsy during the pandemic, but the company is doing well otherwise; non-mask sales on the platform have grown 136% over the past two years.
Source Fool.com
