Building wealth through investing doesn’t require a massive fortune to start with. The key to achieving life-changing returns is patience, as significant gains rarely happen overnight. Two exceptional growth stocks that have demonstrated remarkable performance over the past decade are graphics processing unit (GPU) leader Nvidia and energy drink innovator Celsius Holdings.
Nvidia’s dominance in artificial intelligence (AI) has propelled its stock to unprecedented heights. Even before the AI boom, the company was a stellar investment, with its financial statements showcasing remarkable growth. In its last four reported quarters, Nvidia generated an impressive $53 billion in net income, nearly doubling its total revenue of $26.9 billion in fiscal 2022. This explosive growth has pushed the company’s market capitalization to approximately $2.9 trillion. A $10,000 investment in Nvidia a decade ago would now be worth a staggering $2.6 million.
Celsius Holdings, on the other hand, has been a growth powerhouse in the energy drink market. Despite recent sales growth rate slippage, the company has achieved remarkable progress over the years. In its last four quarters, Celsius generated close to $1.5 billion in sales, a significant increase from its $314.3 million revenue in 2021. The company has turned profitable, with net earnings reaching $241.3 million during the same period. A $10,000 investment in Celsius a decade ago would now be worth over $1.7 million.
Combining these two investments would have yielded a staggering return of nearly $4.5 million. While Celsius has faced recent challenges, its forward price-to-earnings ratio of 26 suggests it’s not overvalued. As the company expands into international markets, there’s still room for growth. Nvidia, with its still-modest valuation and AI-driven growth potential, remains an attractive investment opportunity.
Leave a Reply