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4 Stocks That Turned $1,000 Into $1 Million (or More) [Yahoo! Finance]
Last walmart inc. earnings: 2/18 06:00 am
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US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
It's not an easy feat, but it has been done before, and it's likely to happen again. And some of the stocks that have accomplished this feat may surprise you. 1. Home Depot: $28.3 million If you had invested $1,000 in Home Depot 's (NYSE: HD) initial public offering in 1981, set your dividends to reinvest, and not touched that investment since then, you'd have a position worth more than $28 million today. Home Depot is the largest home improvement retail chain in the world with $152 billion in trailing-12-month sales. It has achieved its success through store expansion, giving customers an enormous selection, and developing a world-class omnichannel strategy before that became a necessary part of every retail business. Home Depot is struggling in the current economy, but it has enough of a track record for investors to feel confident about its prospects for a rebound. It pays a reliable and growing dividend, and it's an excellent value stock option. 2. Walmart: $4.8 million
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