There is a wisdom to the buy-and-hold strategy that is hard to dispute: it’s straightforward, logical, and has the potential to deliver outstanding profits. Take, for instance, a hypothetical investment of $10,000 in Amazon stock two decades ago. Today, that investment would have ballooned to a jaw-dropping $986,000.
It is clear that savvy investments can indeed pave the way for financial security. Keeping this in mind, let’s delve into two remarkable stocks that are worth considering at present.
Spotify’s Resurgence: A Tale of Reinvention
Our first contender in the realm of unstoppable stocks is the audio streaming behemoth Spotify Technology (NYSE: SPOT).
Cast your mind back to late 2022, a period when Spotify’s stock was floundering. Like many ‘stay-at-home’ stocks, it had endured a torrid year. Plummeting over 80% from its peak, the situation seemed dire for Spotify.
Yet, amidst the gloom, glimmers of hope emerged. One such beacon was CEO Daniel Ek’s active purchasing of Spotify shares. Additionally, the company’s user base was not only intact but rapidly expanding. Compounded with an undervalued price-to-sales ratio, the stage was set for a monumental comeback.
Fast forward two years, and Spotify’s stock has soared, recouping nearly all previous losses. A remarkable 384% surge has brought the stock within reach of reclaiming its former glory.
Spotify’s resurgence underscores a fundamental investing truth: backing solid principles pays off, even in adversity. Despite the stock’s post-pandemic turbulence, Spotify, the company itself, retained its vitality. Strategic decisions to streamline unprofitable segments and tighten the purse strings have borne fruit, catapulting Spotify back into profitability after a spell of losses.
Nvidia: Riding the Waves of Technological Innovation
Our next unstoppable force in the stock market arena is Nvidia (NASDAQ: NVDA).
Detractors may scoff at Nvidia’s meteoric rise, viewing it as a tale already told. After all, the company stands on the cusp of claiming the title of the world’s most valuable entity. Skeptics may question how much room for growth remains in Nvidia’s stock.
But make no mistake, there is plenty of untapped potential.
Consider the case of Apple between 2007 and 2015, when innovations like the iPhone and iPad fueled an 811% stock surge. Despite seeming to peak at a market capitalization of $725 billion, Apple’s subsequent ascent has been astounding, with a 739% increase and a current valuation exceeding $3.5 trillion.
I posit that Nvidia could emulate Apple’s trajectory. Guided by CEO Jensen Huang, Nvidia continues to ride the crest of demand for its cutting-edge AI semiconductors.
The company’s revenue skyrocketed from $27 billion to nearly $100 billion within a brief span of two years. Analysts predict a near doubling of revenue to $175 billion within another two years.
In essence, Nvidia’s business is thriving, with no signs of slowing down. This burgeoning success story could translate into years of escalating stock prices.
However, concerns loom about potential competitors encroaching on Nvidia’s territory or a shortfall in AI hardware demand compared to lofty expectations.
Regardless of the skeptics and naysayers, the narrative around Nvidia’s rise rings with potential and promise, beckoning investors with the allure of continued growth and stability.
The Rise of Nvidia Amidst Doubt: A Deep Dive into Unstoppable Stock Value
The bearish sentiment surrounding Nvidia may be vocal, but its stellar performance outweighs the bull case. Long-term investors, brace yourselves: Nvidia holds continuous value that demands consideration.
Seizing a Golden Opportunity: Take Two
Ever experienced FOMO when it comes to investing in the top-performing stocks? If so, this is for you.
Occasionally, our team of experts reveal a “Double Down” stock recommendation for companies poised to soar. If you fear you’ve missed out on investing, now is your prime window of opportunity. The track record speaks for itself:
- Amazon: A $1,000 investment following our Double Down call in 2010 would have mushroomed to $20,803!*
- Apple: A $1,000 investment after our Double Down advice in 2008 would have blossomed to $43,654!*
- Netflix: An initial $1,000 investment after our Double Down notification in 2004 would have skyrocketed to $404,086!*
At present, we are ringing the bell for three exceptional companies with our “Double Down” alerts, and the clock is ticking for another shot at such gains.
Discover 3 “Double Down” stocks »
*Stock Advisor returns as of October 21, 2024