From Nasdaq.: 2024-05-25 02:04:00

Diversification is key in investing, as predicting the next million-dollar stock is nearly impossible. Amazon, Walmart, and Home Depot have all seen major downswings but have turned $1,000 investments into over $1 million over time. Amazon, with nearly $1.9 million in returns, has shown incredible growth potential. Walmart, the world’s largest retailer, offers steady mid-single-digit growth and significant long-term returns. Home Depot, a surprising millionaire-maker, has a strong business model and potential for additional value. While these stocks may not reach those heights again, long-term investing and diversification can help build wealth over time. Consider all options before investing in Amazon or other stocks.



Read more at Nasdaq.: 3 Stocks That Turned $1,000 Into $1 million