25 Stocks That Look Good Into the Next Decade
Value Expectations submits:
Long Term investors are determined to find the next Microsoft (MSFT) before it explodes or identify a a company that unique and positioned to make waves in the market such as Apple (AAPL) has recently done. Who is the next company to lead investors into the next decade? An article from James Glassman of MSN Money says a good place to start is by looking at past performance and thus, he provides the top 25 stocks of the past decade (total return) as a starting point for finding the next decades Super Stocks.
In his search he only included stocks that trade on US exchanges and have a market cap of over 1 billion. One visible trend from this list is smaller market cap stocks with heavy foreign exposure seemed to fair well over the past decade. No Mega-Cap companies made this list as it is extremely difficult if not impossible for a Mega-Cap company to grow 50-fold in 10 years. In other words it is impossible for a $200 billion company to grow to $10 trillion in market value in a $14 trillion economy.
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