Published on 15 May 2024 on InvestorPlace via Yahoo Finance
Double-Up Delights: 7 Stocks Poised to Soar 100% by 2025
If you’re wondering what stocks to buy this month, look no further. Every investor wants their stock picks to double in price. Yet, the reality is that the average annual S&P 500 return is approximately 10%. At that rate the law of 72 states that an investor can expect their capital to double roughly every 7 years.
Thus, those seeking 100% returns by 2025 will have to take some risks. There is effectively zero chance that an average strategy will double an investor’s returns within that time frame. That doesn’t mean an investor should place 100% of their capital in Risky stocks such as those discussed below. Instead, a more pragmatic approach limiting exposure to the neighborhood of 10% is prudent.