What each of those companies has in common is a solid competitive advantage, repeated innovation, and an enormous market opportunity. Let's dive into The Trade Desk's (NASDAQ: TTD) business to determine its chances of becoming a trillion-dollar stock. The Trade Desk is a global tech platform for buyers of advertising. Read More...
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$5,000 Invested in These 3 Stocks Could Make You Rich Over the Next 20 Years
Worse, many common attempts to get rich quick — by purchasing penny stocks, for instance, or investing using a lot of margin — tend to end up making people poorer, not richer. If it averages, say, 15% annual growth over 20 years, it would grow to more than $80,000. Over the past decade, its stock has averaged an annual return of 20.4%, enough to turn a $10,000 investment into $64,045 — and that’s without reinvesting dividends.
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