Can one of the best-performing stocks of the past five years keep it up over the long haul?
Over the past five years, there’s arguably been no better stock than Strategy (MSTR -4.57%), the company formerly known as MicroStrategy. It’s up a head-spinning 1,894% over that time period as of October 8. That works out to a compound annual growth rate (CAGR) of 81.4%.
If Strategy is able to keep up that type of performance over the next decade, then it could be a stock that sets you up for life. A modest investment of just a few thousand dollars would be worth nearly $1 million at the end of 10 years. But is it really that simple?
The key to Strategy’s success
There has been one central factor to Strategy’s…
