Outside of technology giants like Nvidia and Apple, you may not have heard of many of the top 10 publicly traded companies that delivered the highest

If you invested $10,000 in Apple, Nvidia, or these 8 other stocks in 1999, you'd have over $1 million now

submited by
Style Pass
2024-11-01 01:30:11

Outside of technology giants like Nvidia and Apple, you may not have heard of many of the top 10 publicly traded companies that delivered the highest 25-year total return to their investors.

Take Deckers Outdoor Corporation, a global footwear, apparel and accessories company. While you may not recognize Deckers by name, you're likely familiar with its portfolio of brands which includes UGG, Hoka and Teva footwear.

The company was founded in 1973 and made its stock market debut 20 years later in October 1993 under the "DECK" ticker symbol priced around $1 per share.

A few years later, on October 22, 1999, its stock price had risen slightly to over $3. If you had invested $10,000 in the company at that time, your investment would be worth nearly $9 million as of October 22, per CNBC's calculations.

Nvidia has experienced meteoric growth in the value of its stock over the past quarter century as well. A $10,000 investment in Nvidia made 25 years ago would be worth a little over $32 million now.

Leave a Comment