The Stock Is Up Almost 56,000% and Is Still a Buy
Imagine investing $10,000 in a stock, then you sit back and watch the stock climb. Years go by, then decades. You check your portfolio balance: It's more than $5.5 million. No imagination is required for such a lucrative outcome if you invested $10,000 in O'Reilly Automotive (NASDAQ: ORLY) at its initial public offering in April 1993. This stock is up almost 56,000% and is still a buy.Image source: Getty Images.Continue reading
Imagine investing $10,000 in a stock, then you sit back and watch the stock climb. Years go by, then decades. You check your portfolio balance: It's more than $5.5 million.
No imagination is required for such a lucrative outcome if you invested $10,000 in O'Reilly Automotive (NASDAQ: ORLY) at its initial public offering in April 1993. This stock is up almost 56,000% and is still a buy.
Image source: Getty Images.
