Insider Monkey

10 Stocks That Will Go Up 1000 Percent

Fahad Saleem
9 min read

In This Article:

In this article, we will take a look at the 10 stocks that will go up 1000 percent. To see more such companies, go directly to 5 Stocks That Will Go Up 1000 Percent.

There are only two ways to make money by investing in the stock market. The first is being extremely lucky and getting rich fast via speculative stocks. Of course this way does not bring sustainable gains and often end up wiping all gains overnight. After all speculation cannot stand the market tests and one cannot get lucky every time. The second way to generate wealth via stock investing is to stick to the age-old and tried and tested investing principles. One such principle is buying solid stocks and holding them. In an interesting document entitled IS BUY AND HOLD DEAD? NOT SO FAST, Brock Gearhart and Mary Ann Greenwood from Greenwood & Associates share an interesting chart showing  20 year simple moving average of returns of the stock market from 1950 to 2008. The analysts say that “the long-term investor who can see beyond annual returns stands to benefit from the fact that financial markets, over the long-term, tend to rise.”

When an investor invests in solid businesses that have long-term growth catalysts, with an intention to buy and hold these stocks for decades, enjoying over 1000% gains does not sound speculative or too good to be true. In the Russell 1,000, 33 companies gained over 1,000% since April 2013 through April 2023. Some of these ten-baggers include Nvidia (NVDA), Tesla (TSLA), Plug Power (PLUG), AMD (AMD), Enphase Energy (ENPH) and Broadcom (AVGO).

How to Find Ten-Baggers?

The term ten-bagger was coined by legendary investor Peter Lynch. In his book “One Up On Wall Street” Lynch talks at length about ten-baggers and how to spot them. In a chapter titled “Talking the Tenbagger” Lynch says:

"The best place to begin looking for the tenbagger is close to home—if not in the backyard then down at the shopping mall, and especially wherever you happen to work. With most of the tenbaggers already mentioned— Dunkin’Donuts, The Limited, Subaru, Dreyfus, McDonald’s, Tambrands, and Pep Boys —the first sips of success were apparent at hundreds of locations across the country. The fireman in New England, the customers in central Ohio where Kentucky Fried Chicken first opened up, the mob down at Pic ’N’ Save, all had a chance to say, “This is great; I wonder about the stock,” long before Wall Street got its original clue. The average person comes across a likely prospect two or three times a year—sometimes more. Executives at Pep Boys, clerks at Pep Boys, lawyers and accountants, suppliers of Pep Boys, the firm that did the advertising, sign painters, building contractors for the new stores, and even the people who washed the floors all must have observed Pep Boys’ success. Thousands of potential investors got this “tip,” and that doesn’t even count the hundreds of thousands of customers.”

Terms and Privacy Policy
Your Privacy Choices
Utah Privacy Notice

Recommended Stories