Got $1,000? 2 Top Growth Stocks to Buy That Could Double Your Money
These market leaders have high return potential through 2030.
Sudden drops in the stock market can raise anxiety, but these dips can also earn you significant returns when the dust settles. If you have $1,000 sitting around after taking care of other priorities like paying bills, now is a great time to put it to work in quality stocks.
If you're looking to double your money, you need to focus on stocks of companies showing high sales and/or earnings growth potential. Finding a stock that doubles in just one year requires some luck, but stretching out your time horizon up to five years is doable. Here are two stocks that have strong fundamentals and significant growth potential to double your money by 2030, if not sooner.
Advanced Micro Devices (NASDAQ: AMD) creates computer chips for consumer PCs, game consoles, and advanced artificial intelligence (AI) workloads in data centers. AMD's business has experienced mixed results that have weighed on the stock lately. But the company's growth in the data center market could lift the shares to new highs over the next few years.
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