Investing $13,000 in These 3 Stocks in 2020 Would Have Made You a

There’s no one strategy and approach when it comes to investing. While many professionals will say that going with index funds is the best way to grow your portfolio, that can take significant time — decades in many cases — to truly grow your portfolio to a significant sum of money.

You can also invest in many types of growth stocks, which may possess some risk, but can also potentially generate more significant returns in a shorter time frame. Three stocks that have performed exceptionally well since the start of the decade include Tesla (TSLA 0.04%), Nvidia (NVDA +1.60%), and Celsius Holdings (CELH +1.27%). By investing $13,000 into each of these stocks, you’d be up over to over $1 million right now.

Here’s how much they’ve grown since 2020, and how much a $13,000 investment in these stocks would be worth today (at the time of this writing).

Image source: Getty Images.

1. Tesla: $204,000

Shares of Tesla have soared around 1,500% since the start of the decade, and would have turned a $13,000 investment into roughly $204,000 right now. Back then, Tesla was a much riskier-looking stock than it is today. It finished 2019 with a net loss of $862 million. It was an improvement from the $976 million loss from the previous year, but it was nonetheless still a highly unprofitable business at the time.

Fast-forward to today, and Tesla has proved many of its doubters wrong. Over the past four quarters, the company has reported just under $5.1 billion in profit, and that’s with the company fighting off intense competition and margin pressures. Back in 2023, its profit was an incredible $15 billion.

Today’s Change

(-0.04%) $-0.18

Current Price

$449.18

Key Data Points

Market Cap

$1.5T

Day’s Range

$444.05 – $452.43

52wk Range

$214.25 – $498.83

Volume

3M

Avg Vol

78M

Gross Margin

17.01%

The main problem with Tesla’s stock these days is valuation. The stock trades at more than 300 times its trailing earnings, and with a valuation of around $1.5 trillion, it’s one of the most valuable companies in the world. It’s not likely to generate massive returns, given its high price tag today, but if you’re a believer in the company’s vision of developing robots in the future, it may still be a good buy, but it does come with risk.

2. Nvidia: $412,000

Chipmaker Nvidia is the most valuable company in the world, with its market cap hovering around $4.5 trillion. The company needs no introduction for anyone who’s been following artificial intelligence (AI) stocks in recent years. Its AI chips are the key ingredients in the development of next-gen models, chatbots, and other products and services.

Nvidia’s stock has soared more than 3,000% in a little over six years, and it would have turned a $13,000 investment back then into $412,000 today. The bulk of its growth took place within the past few years amid the growing excitement around chatbots and all things related to AI.

Today’s Change

(1.60%) $2.95

Current…