Nvidia (NVDA) is the greatest stock of the past decade, as measured by price appreciation. According to Macrotrends, the stock price rose at a compound annual growth rate of 76% over the last 10 years, as of this writing.
Nvidia has been a great stock, but it’s not the only one. There are other great performers over the past decade as well. Take Axon Enterprise (AXON), for instance.
Its returns don’t quite match Nvidia’s. But Axon’s stock price has compounded at a 39% annual rate over the last 10 years. That puts it in 12th place for stock performance during the past decade. And this company still has an unbelievably long runway for growth ahead of it.
This post originally appeared at The Motley Fool.