Investors aiming to build enduring wealth should look for stocks capable of consistently outperforming the market over the long term. Moreover, they should focus on diversifying their portfolios to reduce risk. Against this backdrop, let’s look at four that are my top picks for investors seeking enduring wealth in the coming years.
These stocks have solid growth potential and will likely generate above-average returns in the upcoming years. Shares of financial services company ( ) are a must-have to build enduring wealth. Thanks to its solid financials, goeasy stock has consistently outperformed the broader equity markets with its returns.
For example, goeasy stock has gained over 56% in one year, 305% in five years, and about 900% in the past decade. Besides delivering massive capital gains, goeasy stock enhanced its shareholders’ value with higher dividend payments. The momentum in goeasy’s business will likely sustain, driving its stock price higher.
Its leadership in Canada’s subprime lending, large addressable market, increasing geographical footprint, diverse funding sources, and new product launches will drive its top line. Meanwhile, higher sales, solid credit underwriting capabilities, steady credit performance, and operating efficiency will help goeasy deliver double-digit earnings growth, boosting its share price and supporting higher dividend payments. ( ) is another compelling stock with the potential to deliver stellar returns over the long term.
Shares .