3 Stocks That Could Double Your Money -- and Sooner Than You Might Think
Well-read investors often find that they can draw parallels between other branches of knowledge that help inform their financial decisions. One such lesson I've always found useful comes from the realm of physics -- Newton's first law of motion: An object in motion tends to stay in motion unless acted upon by an outside force.
That principle can be applied fairly well to the strategy of investing in successful companies. Put another way, winners have a tendency to keep winning.
When a stock is red hot, there are usually good reasons why, so focusing on companies that are firing on all cylinders and have already delivered significant gains to shareholders is one way to increase the likelihood that the stocks you buy will reward you. With that in mind, here are three stocks whose prices have doubled over the past couple of years and still appear well-positioned to double again in the near future.
Etsy: Not just a COVID-19 play
Prior to the pandemic, Etsy (NASDAQ:ETSY) had already established itself as the premier online purveyor of custom and handmade products, …
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