New research has revealed that Tesla Inc (NASDAQ:TSLA) is the stock with the best return on investment, with a price increase of 1,011% since 2017.
The study from Forex Suggest analysed the biggest companies, cryptocurrencies and product shares to establish which ones are the best to invest in when it comes to ROI.
Q2 2022 hedge fund letters, conferences and more
The Top Stocks To Invest In
When looking at the stocks with the best return on investment, automotive company Tesla tops the list. Elon Musk’s company has seen a staggering 1,011% increase in share prices since 2017, meaning a $20 investment that year would now be worth $222.24.
American tech company NVIDIA Corporation (NASDAQ:NVDA) ranks second, with a $92.47 return on a $20 investment five years ago as their share prices have increased by 362%.
Tech giant Apple Inc (NASDAQ:AAPL) comes in third place, with their share prices increasing from $37.18 to $146.14 over the last 5 years, a 293% increase. A $20 investment at this time would’ve led to a return of $78.61.
The Top Other Products With Biggest ROI
When it comes to alternative products that have seen the biggest ROI, rare earth metal rhodium tops the list, with the price of the metal increasing by $13,840 in the last 5 years; a 1,441.67% increase. A $20 investment in 2017 would now be worth more than $308.
A more affordable alternative investment from the ranking is eggs, with the price of the food seeing an increase of 207.94% over the last 5 years. Investing $20 into eggs 5 years ago would see a return of $61.59 today.
