Stocks That Would Have Made You Rich TodayFinancial success begins with financial planning. At Sunmark, educating and helping our members with their individual financial situations is very important to us. We pride ourselves on being able to help our members.We offer a wide range of services for any goal, whether you are saving for your first home, saving for college or planning your retirement. Let Sunmark help you maximize your investment return for a brighter financial future. Click here to learn more.------ In few places does the term “hindsight is 20/20” apply as much as in the stock markets, where it’s always easy to spot the companies that could have made you a fortune well after it’s too late to do anything about it. Unfortunately, identifying those same companies before they’ve blown up is much more difficult. In fact, being intimidated by the market is one reason why more Americans aren’t investing. Still, it’s worth remembering that there are few better opportunities for explosive growth in your wealth than the stock market. Jumping onto the right economic trend means the potential to turn a few thousand dollars into a six-figure fortune that can help secure your children’s college educations or a safe, secure retirement. In that spirit, GOBankingRates identified the companies that, with an investment of $10,000 a decade ago, could have made you rich today. Sleep Number Corp. (SNBR)
Sleep solutions and services company Sleep Number make beds and mattresses for the general public. However, the “number” that matters most to investors at the moment is the $200,000-plus in profits they will have made on every $10,000 invested in 2008. Another way to potentially make six figures is to invest in real estate. See how rich you’d be if you bought a home in these cities 20 years ago. Ulta Beauty, Inc. (ULTA)
Cosmetics retailer Ulta Beauty has been looking beautiful to its investors over the last decade. With shares going from under $15 apiece to nearly $300 in that time, the profit on a $10,000 investment would come to $205,506.17. Fonar Corp. (FONR)
FONAR Corporation is in the MRI business, researching, developing and selling medical scanning equipment. But you hardly need any advanced technology to get a clear picture of why the company’s investors are happy with its performance of late: $10,000 invested late in 2008 would have scored profits of over $200,000 by early October a decade later. Find Out: These Are the Best Investment Brokers Patrick Industries, Inc. (PATK)
Patrick Industries is a manufacturer of component products for RVs, manufactured housing and boats, meaning it provides many different parts of the interiors of these vehicles — from countertops to dashboard displays. And if you invested in the company 10 years ago because you noticed your fishing boat was filled with its products, it could be time to upgrade to a yacht: $10,000 in 2008 would be worth $222,726.56 as of Oct. 1. Texas Pacific Land Trust (TPL)
The origins of the Texas Pacific Land Trust date all the way back to the bankruptcy of the Texas and Pacific Railway. The trust was created and received 3.5 million acres of land that — while shrinking to 888,333 across 18 countries over the years — still represents one of the largest land holdings in the state of Texas and collects income from everything from land management and grazing leases to easements and oil and gas royalties. Domino's Pizza, Inc. (DPZ)Share Price Oct. 1, 2008: $12.03 Pizza dough isn’t the only thing that’s been rising over at Domino’s. The share price has been increasing impressively over the last 10 years. An investment of $10,000 at the start of October 2008 would have made you over $227,000 in profit after a decade. Domino’s has even overcome some disastrous deals that threatened its performance. Mitek Systems, Inc. (MITK)
You know how much easier your life got after it became possible to deposit a check straight into your bank account merely by snapping a picture on your phone? Well, Mitek Systems and the image capture and identity verification systems it develops are the company you have to thank. Of course, don’t go overboard — it’s already been “thanked” to the tune of a 2,400-plus percent gain over the last decade. MGP Ingredients, Inc. (MGPI)
You might not have heard of MGP Ingredients, but if you’re a fan of bourbon or rye, odds are you’ve been drinking its wares. That’s because it owns the facility where almost all of the country’s rye whiskey is made — including Bulleit 95 rye and George Dickel rye. A good rye might be the perfect way to wind down at the end of the day, but the last 10 years has seen MGP’s shares do little else but ratchet up. Nvidia Corp. (NVDA)
Chipmaker Nvidia might be best known for its graphics processing units popular with PC gamers, but its investors are no doubt more pleased with the meteoric rise of its stock over the last decade. Anyone investing $10,000 in late 2008 would be up more than a quarter of a million dollars at this point. Learn More: Expensive Stocks Like Nvidia That Might Still Be Worth the Investment Amazon.com, Inc. (AMZN)
If you had been feeling lost in the jungle looking at markets in 2008, betting on the future of online retail would have given you a prime holding for the next decade. Amazon shares hadn’t even cleared $100 at that point, but they were over $2,000 by the start of October this year. Its stock is expensive, but there are still secret ways you can save money on the products Amazon sells. Booking Holdings, Inc. (BKNG)
Travel booking service Booking Holdings, Inc., has provided investors with a thrilling journey to some $286,587.15 in profits on an initial investment of just $10,000 over the last decade. Air Transport Services Group, Inc. (ATSG)
Airfreight and logistics company Air Transport could have delivered you over a quarter of a million dollars had you possessed the foresight to buy in a decade ago when shares were under a buck apiece. Jazz Pharmaceuticals PLC (JAZZ)
If you were in the mood to invest in Jazz Pharma in 2008, it could have been your caravan to over $300,000 in profit off of just $10,000 in principal. Nexstar Media Group, Inc. (NXST)
For all the focus on streaming video, Nexstar Media Group’s focus on owning and operating television stations and community websites in medium markets has clearly been working out well for it and its investors. You could have cleared more than $300,000 in profits on a $10,000 investment in late 2008. Medifast, Inc. (MED)
Weight loss and wellness company Medifast, Inc., might help its customers take off the pounds, but it’s been piling them on in terms of its share price. Shares are worth over 33 times as much today as they were 10 years ago. Align Technology, Inc. (ALGN)
You could have aligned your bank account with some $350,000 by investing $10,000 in Align Technology — the company that makes Invisalign — at the start of October 2008. Lendingtree, Inc. (TREE)
Peer-to-peer lender LendingTree had shares going for a sawbuck at the start of October in 2008, but these days you’ll need at least $200 to get in. All told, you could have turned $10,000 into $425,000 in just a decade if you had foreseen the company’s rise. Do You Invest? Compare Your Habits to the Rest of the Country’s Natural Health Trends Corp. (NHTC)
Shares of Natural Health Trends — a direct-selling e-commerce company that sells wellness and lifestyle products — were going at a price of two for a dollar ten years ago. Today, they’re over $20 a pop and would have made you over $450,000 if you had bought in 10 years ago. Learn which penny stock broker to use while you hunt for the next Natural Health Trends to invest in. Netflix, Inc. (NFLX)
In addition to streaming video into your home, Netflix could have been streaming money into your bank account if you had invested back in 2008. The net profit from $10,000 in principal would be just shy of $900,000.
EXACT Sciences Corp. (EXAS)
Located in Madison, Wis., Exact Sciences is responsible for Colorguard, a DNA screening test for the early detection of colorectal cancer and pre-cancer that uses stool samples. So that would be the science, exactly. Stool samples. Laugh all you want, but you would have clocked close to $1 million with an investment in late 2008.
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This article originally appeared on GOBankingRates.com: Stocks That Would Have Made You Rich Today This article is produced for informational purposes only and is not a recommendation to buy or sell any securities. Investing comes with risk to loss of principal. Please always conduct your own research and consider your investment decisions carefully.
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