2 Stocks That Could Turn $1,000 Into $5,000 by 2030
Investing is all about putting money to work now that you hope will be worth more later. It's OK to dream big -- say, of a fivefold increase in six years -- but you have to pick the right stocks.
What stocks can turn $1,000 today into $5,000 come 2030? Two names I like are Carnival (NYSE: CCL) and Roku (NASDAQ: ROKU). Let's take a closer look.
You might think that the world's largest cruise line operator is an odd bet to be a five-bagger by 2030, but there are a few factors that could find the stock cruising in the coming years. Let's start with leverage. Cruise lines took on a lot of additional debt during the pandemic-related shutdown in 2020 that lasted well into 2021.
Source Fool.com
Carnival plc Stock
€15.13
0.130%
The community is currently still undecided about Carnival plc with 1 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 14 € is below the current price of 15.13 € for Carnival plc, so the potential is actually -7.44%.
