3 Stocks to Catapult Your $100K Into a Cool Million: June 2024
l pany .(CLCO) Investor Place·2024-06-14 10:00
The key is finding reasonably valued stocks tapping into massive market opportunities. According to value investor Mohnish Pabrai, the "magic" compound growth rate is 26% annually. At that rate, money doubles every 3 years. So a stock growing earnings at 26% for a decade can easily become a tenbagger. Source: Moab Republic / Shutterstock And this growth seems far from over. For example, Apple continues to expand into new areas like financial services, augmented reality, artificial intelligence, streaming en ...