Investing $13,000 in These 3 Stocks in 2020 Would Have Made You a Millionaire Today
Yahoo Finance·2026-01-23 22:20

Core Insights - There is no single best strategy for investing, with index funds often recommended for long-term growth, but growth stocks can offer quicker returns despite higher risks [1] Company Performance - Tesla has seen its stock price increase by approximately 1,500% since the start of the decade, turning a $13,000 investment into about $204,000. The company reported a profit of nearly $5.1 billion over the past four quarters and $15 billion in 2023, despite facing competition and margin pressures [5][6] - Nvidia, a leading chipmaker, has a market capitalization around $4.5 trillion and is pivotal in the AI sector, with its chips being essential for developing AI models and chatbots. A $13,000 investment in Nvidia would now be worth approximately $412,000 [8][9] Investment Considerations - Tesla's current valuation is high, trading at over 300 times its trailing earnings, making it one of the most valuable companies globally, which may limit future returns despite its innovative vision [7] - Investing in growth stocks like Tesla and Nvidia can yield substantial returns, but it is accompanied by inherent risks [2][8]