3 stocks I like that turned £1,000 into £10,000 in 10 years

first_img Are you looking for that elusive 10-bagger? Soaring stocks like that aren’t needed when we can get nice annual dividends from top FTSE 100 shares, but picking up the odd few multi-baggers during your investment career can provide a very nice bonus.And stocks that multiply tenfold over 10 years are more common than you might think. Here are three, with some thoughts on how we could spot them.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Sports fashionIf you can identify a new trend in its early days, you can set yourself up to make some serious money. JD Sports Fashion (LSE: JD), for example, has soared in value not just tenfold, but is up 3,200% over a decade. So a modest £1,000 invested in JD a decade ago would be worth £32,000 today.Well, actually, you’d have more than that, as JD has also been paying dividends. They only offer very modest yields, but they’d have made a welcome addition over the long term, especially if you’d reinvested the cash in new JD shares.The sport-to-street clothing market is one that has boomed — so much so that even Marks & Spencer is getting into it, though critics might suggest that’s a little late.But, while it might be possible to identify new booming sectors, getting the right company can be more of a challenge. JJB Sports, for example, went bust in 2012 (with some of its assets, perhaps ironically, being bought up by JD).Shake-upMelrose (LSE: MRO) specialises in buying up underperforming engineering companies, turning them round, and selling them on. The most recent headline acquisition was that of GKN, and it’s still too early to know what the outcome of that will be. But Melrose’s clear expertise in understanding and managing firms in the engineering sector has resulted in a decades-long string of successes.That’s resulted in a 10-year share price gain of 1,190%. So every £1,000 invested 10 years ago has grown to £11,900, and dividends of around 2% or a little more have added some more to the pot.It obviously wasn’t possible back in 2010 to know that Melrose would more than 10-bag by 2020, but through buying companies that are the best in their class, we can raise our chances of getting a long-term winner. Melrose is pretty much unique, and enviably good at what it does.GamesThose first two are FTSE 100 companies today, but my third example is in the FTSE 250. It’s Games Workshop (LSE: GAW), whose shares have recorded a decade gain of 2,570%. In these days of electronic gaming, Games Workshop is different in specialising in physical wargaming figures, including model soldiers, Lord of The Rings figures, and a whole host of others. Earnings have been soaring — and in the past five years, the dividend has accelerated dramatically, offering yields of around 2.5%.Of the three stocks here, this is the one I think was probably the most difficult to spot for its multi-bagger potential, and even with the benefit hindsight I don’t know what signs there were back in 2010 that the business would perform so outstandingly well. But there’s obviously a lot of luck involved in chasing multi-baggers. Alan Oscroft | Saturday, 11th January, 2020 | More on: GAW JD MRO Simply click below to discover how you can take advantage of this. See all posts by Alan Oscroft Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997”center_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK owns shares of Melrose. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. 3 stocks I like that turned £1,000 into £10,000 in 10 years Our 6 ‘Best Buys Now’ Shares Image source: Getty Images last_img read more