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Is Madrigal Pharmaceuticals a Millionaire Maker?
MDGLMadrigal Pharmaceuticals(MDGL) The Motley Fool·2024-06-30 16:02

With such a favorable setup, could it be the case that an investment in it made today would lead to building wealth on the scale of $1 million? It's not as unlikely as it sounds, so let's look at the details. First, the value of the stock would need to go up by a vast amount over the next decade or two, likely on the order of 10 to 20 times. Second, the investor would need to have committed sufficient capital for that multiplicative growth to yield at least $1 million. In the case of the stock rising by 10X ...