Growth stocks for next 5 years (2024)

FAQs

What is the best investment for the next 5 years? ›

Consider mutual funds, stocks, FDs, NPS for 5 years. To double your money in 5 years, consider long-term mutual funds. SBI SIP plans offer good returns. Equities have the highest returns but with high risk.

Based on our forecasts, a long-term increase is expected, the "AAPL" stock price prognosis for 2029-05-30 is 314.042 USD. With a 5-year investment, the revenue is expected to be around +59.51%. Your current $100 investment may be up to $159.51 in 2029.

S&P 500 5 Year Return is at 91.77%, compared to 70.94% last month and 54.51% last year. This is higher than the long term average of 45.44%. The S&P 500 5 Year Return is the investment return received for a 5 year period, excluding dividends, when holding the S&P 500 index.

Tesla stock has retreated about 30% in 2024. However, since Tesla reported first quarter earnings and revenue on April 23, it has rallied and is finding support at its 50-day moving average, according to MarketSurge analysis. Tesla stock hit a 52-week low of 138.80 on April 22.

Long-term investments almost always give you more gains and profits and they outperform the market when the investors try and hold on to their investments and time them accordingly. Secondly, the biggest advantage of holding a stock for the long term is that it is less costly.