What stock will make me a millionaire in 5 years? (2024)

What stock will make me a millionaire in 5 years?

All that matters is how patient you are and which S&P 500 stocks you buy. Even if you only have $1 and never invest another penny, you can be a millionaire in 30 years. It's just that you'd need to hit a home run S&P 500 stock — which returns at least 58.5% — each year. That's a tall order, yes.

Which stock is best for 5 years investment?

Growth stocks for next 5 years
S.No.NameCMP Rs.
1.Brightcom Group17.95
2.Rama Steel Tubes42.30
3.Easy Trip Plann.49.30
4.Radhika Jeweltec69.00
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Which stock will go up in next 5 years?

The Best Growth Stocks of February 2024
Company (ticker)5-Year Avg. Yearly EPS Forecast
Yelp Inc. (YELP)29.0%
Skechers U.S.A., Inc. (SKX)27.3%
T-Mobile US, Inc. (TMUS)26.9%
Meta Platforms, Inc. (META)24.2%
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7 days ago

What stock will make me rich in 10 years?

9 Best Growth Stocks for the Next 10 Years
StockForward price-to-earnings ratio (P/E)
Enphase Energy Inc. (ENPH)25.3
Microsoft Corp. (MSFT)30.0
Nvidia Corp. (NVDA)26.6
Tesla Inc. (TSLA)57.6
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Jan 17, 2024

What stocks have the highest 5 year growth?

Best Performing Stocks in the Last 5 Years
TickerName5Y Total Return
CELHCelsius Holdings Inc3689.0%
ENPHEnphase Energy Inc1770.7%
NVDANVIDIA Corp1053.6%
TSLATesla Inc927.5%
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Dec 8, 2023

Which share will double in 3 years?

Stock Doubling every 3 years
S.No.NameCMP Rs.
1.Guj. Themis Bio.328.20
2.Refex Industries574.50
3.Tanla Platforms973.00
4.M K Exim India80.02
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What are the top 10 stocks to buy for long term?

10 Best Long-Term Stocks to Buy in 2024
Company StockMarket Cap (crore)Profit Growth (CAGR)
HDFC Bank₹11,69,00019.9%
Hindustan Unilever₹6,04,40812.4%
Infosys₹6,79,0008.9%
Reliance Industries₹18,40,00010.2%
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Jan 25, 2024

Which stock will double in 1 month?

Stocks with good 1 month returns
S.No.NameCMP Rs.
1.Life Insurance1070.50
2.Motherson Wiring69.80
3.Coal India466.35
4.CRISIL4503.80
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What stocks will skyrocket in 2024?

Meet The Magnificent Seven Of 2024
CompanyTickerSector
Nvidia(NVDA)Information Technology
Microsoft(MSFT)Information Technology
Amazon.com(AMZN)Consumer Discretionary
Alphabet(GOOGL)Communication Services
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Jan 2, 2024

Which stocks will skyrocket?

10 Best Growth Stocks to Buy Now
StockImplied upside over Jan. 17 close
Meta Platforms Inc. (META)5.9%
Tesla Inc. (TSLA)39.2%
Exxon Mobil Corp. (XOM)24.8%
AbbVie Inc. (ABBV)11.1%
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Jan 18, 2024

What stock will double in 2024?

2024's 10 Best-Performing Stocks
Stock2024 performance through Jan. 31 close
Dyne Therapeutics Inc. (DYN)60.9%
Edgewise Therapeutics Inc. (EWTX)62.9%
NewAmsterdam Pharma Co. NV (NAMS)83.3%
Super Micro Computer Inc. (SMCI)86.3%
6 more rows
Feb 1, 2024

How to invest $10 000 and make money?

If you're looking for ideas, here are 10 easy ways to invest $10,000.
  1. Index funds. An index fund tracks a market index, which is a group of stocks or bonds. ...
  2. Target-date funds. ...
  3. Robo-advisors. ...
  4. Treasury bills, notes, and bonds. ...
  5. Certificates of deposit. ...
  6. Real estate investment trusts. ...
  7. High-yield savings accounts. ...
  8. Paying off debt.
Sep 28, 2023

Can you become a millionaire just from stocks?

All that matters is how patient you are and which S&P 500 stocks you buy. Even if you only have $1 and never invest another penny, you can be a millionaire in 30 years. It's just that you'd need to hit a home run S&P 500 stock — which returns at least 58.5% — each year. That's a tall order, yes.

What are the Big 7 stocks?

The group is made up of mega-cap stocks Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Amazon.com (AMZN), Meta Platforms (META), Tesla (TSLA) and Nvidia (NVDA).

What is a good 5 year return on a stock?

5-year, 10-year, 20-year and 30-year S&P 500 returns
Period (start-of-year to end-of-2023)Average annual S&P 500 return
5 years (2019-2023)15.36%
10 years (2014-2023)11.02%
15 years (2009-2023)12.63%
20 years (2004-2023)9.00%
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Jan 30, 2024

What stocks grow the fastest?

Best-performing growth stocks
CompanyPerformance (Year)
Meta Platforms Inc (META)166.31%
Advanced Micro Devices Inc. (AMD)125.20%
Palo Alto Networks Inc (PANW)113.57%
Uber Technologies Inc (UBER)113.26%
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Feb 1, 2024

Which stocks double every 4 years?

Borosil Renewables, Acrysil, Asian Paints, Torrent Pharmaceuticals, Pidilite Industries and Titan Company stood among the rest of the players which also doubled investors' money every four years.

What will double my money in 10 years?

Adjusted for inflation, it still comes to an annual return of around 7% to 8%. If you earn 7%, your money will double in a little over 10 years.

Do stocks double every 7 years?

But by examining historical data, we can make an educated guess. According to Standard and Poor's, the average annualized return of the S&P index, which later became the S&P 500, from 1926 to 2020 was 10%. 1 At 10%, you could double your initial investment every seven years (72 divided by 10).

What's the best stock to buy and hold forever?

7 Dividend Stocks to Buy and Hold Forever
StockImplied upside from Feb. 7 closeForward dividend yield
Procter & Gamble Co. (PG)9.4%2.4%
Home Depot Inc. (HD)3.4%2.3%
AbbVie Inc. (ABBV)12.6%3.5%
Bank of America Corp. (BAC)23.6%2.9%
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7 days ago

What is the safest stock to invest in?

  • Best safe stocks to buy.
  • Berkshire Hathaway.
  • The Walt Disney Company.
  • Vanguard High-Dividend Yield ETF.
  • Procter & Gamble.
  • Vanguard Real Estate Index Fund.
  • Starbucks.
  • Apple.

What are the safest stocks to buy long term?

7 of the Best Long-Term Stocks to Buy Now
StockSectorMarket capitalization
Dow Inc. (DOW)Materials$38 billion
American Express Co. (AXP)Financials$154 billion
Johnson & Johnson (JNJ)Health care$377 billion
W.W. Grainger Inc. (GWW)Industrials$48 billion
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3 days ago

What stock pays every month?

40 Stocks
SymbolCompany NameDiv. Yield
EPREPR Properties7.51%
SLGSL Green Realty Corp.7.08%
AVALGrupo Aval Acciones y Valores S.A.8.03%
PSECProspect Capital Corporation12.46%
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Which stock gives highest return in 1 year?

Highest Return in 1 Year
S.No.NameCMP Rs.
1.Sical Logistics261.80
2.SG Mart10821.30
3.Jai Balaji Inds.924.65
4.Giriraj Civil664.65
23 more rows

Which stock is best for 2 years?

Best Long Term Investment Shares-An Overview
  • Bajaj Finance Ltd. ...
  • Titan Company Ltd. ...
  • Varun Beverages Ltd. ...
  • Cholamandalam Investment & Finance Company Ltd. ...
  • Tube Investments of India Ltd. ...
  • SRF Ltd. ...
  • Solar Industries India Ltd. ...
  • Persistent Systems Ltd.
Dec 8, 2023

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