Real fast, now. Name the company whose stock has appreciated the most in the almost 25 years since the ’87 crash. (And I’ve already given you a hint.)
High Growth Tech
The stock that’s been the apple of the eye of many investors, Apple (AAPL), springs to mind. And properly so. Over that period of time, Apple’s stock has grown in value over 5,500 per cent. Microsoft (MSFT) hasn’t done too badly, either, with stock price growth of almost 10,000 per cent. Those both are investments we’d all like to say we’ve owned for the last quarter century, considering that the S&P 500 index only appreciated about 500% during that stretch.
But if either Apple or Microsoft was your fast answer, you’d be wrong.