This Stock Could Yield Substantial Returns, but Is It Worth the Risk?
In this video, Motley Fool contributor Jason Hall breaks down Wolfspeed (NYSE: WOLF), why its silicon carbide chips could be a massive success, and why it's also still very risky.
*Stock prices used were from the afternoon of Dec. 13, 2024. The video was published on Dec. 16, 2024.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
- Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $348,112!*
- Apple: if you invested $1,000 when we doubled down in 2008, you’d have $46,992!*
- Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $495,539!*
Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
See 3 “Double Down” stocks »
*Stock Advisor returns as of December 9, 2024
Jason Hall has positions in Wolfspeed. The Motley Fool has positions in and recommends Wolfspeed. The Motley Fool has a disclosure policy.
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