If You'd Invested $10,000 in Applied Digital (APLD) Stock 3 Years Ago, Here's How Much You'd Have Today (Spoiler: You Could Buy a Fancy New Car!)

So back in early October of 2022, you plunked $10,000 into shares of Applied Digital (NASDAQ: APLD). What's that worth now? Let's take a look.That $10,000 investment would have become a stake worth around $144,500! That means your money would have grown at an average annual rate of 144%, which is quite impressive. In contrast, the S&P 500 index, which includes 500 of America's biggest companies, averaged gains of 24% during the same period -- enough to turn $10,000 into $19,000. That's still very respectable, of course, as the S&P 500's long-term average is closer to 10%.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool