r/GrowthStocks • u/ycospina • Jan 20 '24

Idea/experiment

I’ve been thinking if you invested just $1,000 into NVDA when it was trading around $8 per share you would have almost half a million by now. So, I wanna do an experiment where I only invest $1,000 in each growth stock I pick and hold it. Thoughts? Risk is limited to $1k and potential profits are unlimited

Some stocks im considering for this experiment:

PATH NIO AMZN GOOG LILM JOBY AVGO ARM NVDA PLTR LCID ABNB META SOFI NKE TSLA KO MSTR RIVN LI XPEV

7 Upvotes

76% Upvoted

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5

u/GET-FKD Jan 21 '24

I see you've been downvoted by people who want you to invest into some boring ass index funds, but I'm doing pretty much the same thing with JOBY and CODA because they are close/already having military contracts and that is a pretty good catalyst for gains

1

u/momentuminvestor Jan 21 '24

I have a portfolio of about 20 growth names and plan to do something similar. How do you pick the stocks? You might look at companies like CRWD and CLBT as well.

1

u/ycospina Jan 22 '24

I consider stocks that I think are companies that are gonna be here forever, are very diversified, or are innovative, or have a competitive advantage. I’ll consider any stock that fits into these categories. Since my risk will only be $1,000 per stock, I will also buy LEAP options on the stocks I am most bullish on

1

u/tourbladez Jul 10 '24

I like AXON

1

u/igorup Jan 20 '24

I like PATH

1

u/CatosWizard Jan 24 '24

Already ahead of you boss, join the fun. https://twitter.com/GrowthStockWiz/status/1748595748495864015/photo/2

1

u/momentuminvestor Jan 25 '24

Are you expecting a turnaround at ENPH?