True penny stocks are a minefield, but small-cap copper beauties can be one way to easily double your money.
There are also those companies whose shares trade at the other end of the price spectrum. I call 'em "three-digit stocks," though if they're anything like Berkshire Hathaway , they can trade in the four-, five-, and six-digit range, too.
While a penny stock might not be a good buy simply because it's cheap, a three-digit stock shouldn't scare you away just because it carries a hefty price tag. Handsome is as handsome does, so we check in with the Motley Fool CAPScommunity to see which ones the investor-intelligence database sees as having the best chance of succeeding.
Below are a handful of these high-priced high fliers, and we'll take a look to see whether investors think they can maintain their lofty valuations.
Stock
3-Digit Price
CAPS Rating (out of 5)
Return on Capital, TTM
Amazon.com (Nasdaq: AMZN) Continued...
Rich Duprey is a writer specializing in the stock market.
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