The biggest gainer is Select Comfort, which makes bedding and mattresses of all things. Investors could have bought 100,000 shares on March 9, 2009 at a price of $0.25 each. Those shares are now trading for $18.71 apiece, meaning the 100,000 shares would be worth $1.9 million now. Not too shabby.
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The only non-small company stock to be part of the millionaire-making club is General Growth Properties, which is a real-estate investment trust. A $25,000 investment on March 9, 2009 would have bought you 65,789 shares at $0.38 a share on a split-adjusted basis. Today those shares are worth $23.83 making your initial investment worth more than $1.5 million.
It can't be stressed enough how risky these stocks are. Three of these five millionaire-making stocks are down this year. The worst performer of the group is telecom gear maker CalAmp, which is off 35% this year. Another scary point: Several of these stocks were trading for less than a dollar back on March 9, 2009 on a split-adjusted basis. Stocks trading for less than $1 are infamously risky things to play with, a point being proven again this year.
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Markets are up, and that's good for everyone who's in the market. And these are certainly the outliers probably few if any investors actually rode up this much. But, still still fun to look back and wonder, "what if?"
Below are the five stocks that would have turned a $25,000 investment into a million from the March 9, 2009 low: