“If you had a time machine – one powerful enough to propel you a decade into the past – would you cheat your way to wealth?,” Rick Munarriz writes for The Motley Fool via USA Today. “Would you buy the stocks that would go on to rule the market?”
“The good news is that you don’t really need a time machine. You just need to be smart, resourceful and perhaps a little bit lucky to use lessons from the past to predict the future,” Munarriz writes. “Motley Fool co-founder David Gardner recommended these top five performers in his investment newsletter services – sometimes even before the stocks began their masterful decade-long runs.”
The top 5 stocks of the past 10 years
1. Priceline (Nasdaq: PCLN) 10-year return, 5,118%
Total return to investors (10 year, annualized): 47%
2. Netflix (Nasdaq: NFLX) 10-year return, 2,843%
Total return to investors (10 year, annualized): 39%
3. Apple (Nasdaq: AAPL) 10-year return, 1,094%
Total return to investors (10 year, annualized): 38%
4. Celgene (Nasdaq: CELG) 10-year return, 623%
Total return to investors (10 year, annualized): 32%
5. Salesforce.com (NYSE: CRM) 10-year return, 927%
Total return to investors (10 year, annualized): 30%
Read more in the full article here.
MacDailyNews Take: Those who bet on Steve Jobs – and didn’t panic – are sitting pretty today.