Reported 12 months ago
The article discusses how the Nasdaq Composite has returned 11% annually over 30 years, translating to a 2,440% cumulative return and suggests investing in stocks with above-average growth prospects to beat the market. It emphasizes the correlation between a company's earnings performance and stock return over time and recommends focusing on companies that can double their earnings in five years for better odds of outperforming the market. It highlights Carnival and Uber as two top stocks that have the potential to double in value over the next five years and surpass the Nasdaq's performance.
Source: YAHOO