Down 42%, Can This Growth Stock Double a $1,000 Investment in 5 Years?
The S&P 500 Index is clawing back its losses from earlier this year, as investor sentiment starts to improve. But not all businesses are trading anywhere close to their records. One growth stock is currently 42% off its peak. However, the well-known consumer brand might still be a worthy investment candidate.Can a $1,000 investment in shares double over the next five years? Here's the important information investors must know.Image source: Getty Images.Continue reading
The S&P 500 Index is clawing back its losses from earlier this year, as investor sentiment starts to improve. But not all businesses are trading anywhere close to their records. One growth stock is currently 42% off its peak. However, the well-known consumer brand might still be a worthy investment candidate.
Can a $1,000 investment in shares double over the next five years? Here's the important information investors must know.
Image source: Getty Images.
