Alphabet’s stock (NASDAQ: GOOG, NASDAQ: GOOGL) has seen a 133x increase since its IPO in August 2004, with a compound annual growth rate of over 25%. Even with a reduced growth rate, a $1,000 investment today could grow to over $18,000 in 21 years. Consider the 10 best stocks to buy now, excluding Alphabet.
A one-time $1,000 investment in Alphabet could grow to $18,821 in 21 years with a 15% compound annual growth rate. Past performance doesn’t guarantee future results, but Alphabet’s innovation could make it a long-term portfolio staple. Before investing, explore top stock picks and consider historical returns of other recommended stocks.
The Motley Fool Stock Advisor team identified the 10 best stocks to buy now, excluding Alphabet. Past recommendations like Netflix and Nvidia have shown significant returns. Stock Advisor’s total average return is 906%, outperforming the S&P 500. Don’t miss out on the latest stock picks and join an investing community for individual investors.
Read more at Nasdaq: This Tech Stock Could Turn $1,000 Into $18,000 in 21 Years
