Most investors are happy chasing the returns from the S&P 500. The time-tested method repeatedly for investors. For investors who seek to outpace the S&P 500’s average annual 10% returns, options abound.
Certain shares are expected to grow at a rate above 10% over the next year, meaning they have the potential to double an investor’s capital quicker. Importantly, these stocks are also relatively stable and aren’t simply penny stocks that may or may not lose substantial value quickly.
So how quickly can investors expect such an investment to double in value? The S&P tends to double in value every 6 to 7 years with an average return of 10%. The stocks discussed should do so twice as quickly.
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