A 25-Bagger in Five years
'Can anyone really earn 25 times their money in just five years? That computes to an annual return of 90% per year, turning a $40,000 investment into $1 million by December 2010. It strikes veteran investors as unfathomable.
But turn back the clock five years to December 2000, and observe with me Urban Outfitters, then valued at $170 million. Today, it's worth $4.3 billion. Yep, the stock has risen 25 times in value in just five years.'
Read on Motley Fool (Feb 10th)
But turn back the clock five years to December 2000, and observe with me Urban Outfitters, then valued at $170 million. Today, it's worth $4.3 billion. Yep, the stock has risen 25 times in value in just five years.'
Read on Motley Fool (Feb 10th)
posted by jade | 10:31 AM
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