Trying to pick which stocks will perform best over a given day or week can be fun and exciting. However, most investors aren't short-term traders and market speculators. Instead, the majority of U.S. investors are trying to cultivate a nest egg that will grow over the long term and potentially boost their quality of life in retirement.
Charlie Bilello, chief market strategist at Creative Planning, recently compiled a list of the 10 best-performing stocks in the market over the past 30 years through July 2023. These stocks can provide some insight for investors looking to identify the top stocks to own for the next 30 years.
Monster Beverage Corp. (ticker: MNST). Monster Beverage has been an under-the-radar home-run investment since its 1990 IPO. In 30 years, Monster has generated a total return, which includes dividends, of 191,852% – making it the best-performing S&P 500 stock of the past three decades. A $10,000 stake in MNST stock in 1993 would now be worth about $19.2 million.
Amazon.com Inc. (AMZN). Perhaps the least surprising stock on this list is e-commerce and cloud services leader Amazon. Amazon went public in May 1997. Since that time, the company and its stock have gone on a historic run. In fact, $10,000 invested in AMZN stock in 1997 would now be worth about $17.8 million.
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STOCK30-YEAR TOTAL RETURNVALUE OF INITIAL $10,000 STAKE
Monster Beverage (MNST) 191,852% $19.2 million
Amazon.com Inc. (AMZN) 178,141%* $17.8 million
Apple Inc. (AAPL) 96,333% $9.6 million
Biogen Inc. (BIIB) 74,990% $7.5 million
Nvidia Corp. (NVDA) 64,223%* $6.4 million
NVR Inc. (NVR) 62,186% $6.2 million
Cooper Cos. Inc. (COO) 61,029% $6.1 million
Altria Group Inc. (MO) 60,589% $6.1 million
Pool Corp. (POOL) 57,251%* $5.7 million
Netflix Inc. (NFLX) 40,680%* $4.1 million
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