Nvidia Has Generated 21,000% Returns in 10 Years. Here's How Well the S&P 500's Second-Best-Performing Stock Has Done

Investing in the S&P 500 index has long been a great way to take advantage of the economy's growth. But in many cases, buying and holding individual stocks has resulted in far more impressive gains. While there has been a lot of turmoil in the markets of late, a simple buy-and-hold strategy has worked incredibly well.Over the past 10 years, the S&P 500 has risen by 174% (assuming an April 1 cutoff). But during that same time frame, chipmaker Nvidia (NASDAQ: NVDA) has produced gains of nearly 21,000% for investors. To put that into perspective, that means a $5,000 investment in the company 10 years ago would have grown to a value of more than $1 million by now. By comparison, the same size investment in the S&P 500 would be worth less than $14,000.Nvidia has been an incredible growth stock, and it's been a bit of an anomaly -- no other stock within the index has come close to generating the same types of returns over the past decade. Below, I'll look at who is in the second spot, and how close its returns are to Nvidia's.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool